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Fabege Board Member Resigns After Taking Role With Competitor

Story Highlights
  • Fabege AB develops and manages commercial properties in Stockholm, focusing on long-term, sustainable value creation.
  • Board member Tomas Eriksson has resigned with immediate effect after accepting a role at a competing company, prompting mandatory market disclosure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Fabege Board Member Resigns After Taking Role With Competitor

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Fabege AB ( (SE:FABG) ) just unveiled an update.

Fabege AB announced a change to its board of directors following the immediate resignation of board member Tomas Eriksson. Eriksson has stepped down after accepting an assignment with a competing business, prompting the company to formally notify the market under EU disclosure rules, though no replacement or further governance changes were disclosed.

The most recent analyst rating on (SE:FABG) stock is a Hold with a SEK82.00 price target. To see the full list of analyst forecasts on Fabege AB stock, see the SE:FABG Stock Forecast page.

More about Fabege AB

Fabege AB is a Stockholm-based real estate company focused on developing and managing commercial properties and attractive business locations in the Stockholm area. Listed on Nasdaq Stockholm’s Large Cap segment, the company emphasizes long-term, sustainable development to create value for companies, districts and the wider city environment.

Average Trading Volume: 522,323

Technical Sentiment Signal: Hold

Current Market Cap: SEK25.51B

For a thorough assessment of FABG stock, go to TipRanks’ Stock Analysis page.

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