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Hemnet Group AB ( (SE:HEM) ) has shared an update.
Hemnet Group AB has repurchased 47,000 of its own shares between June 2 and June 6, 2025, as part of a SEK 600 million share buy-back program. This initiative, conducted under EU regulations, aims to adjust the company’s capital structure by reducing its share capital, potentially impacting its market positioning and shareholder value.
The most recent analyst rating on (SE:HEM) stock is a Hold with a SEK370.00 price target. To see the full list of analyst forecasts on Hemnet Group AB stock, see the SE:HEM Stock Forecast page.
More about Hemnet Group AB
Hemnet operates the leading property platform in Sweden. Founded in 1998 as an industry initiative, it has evolved into a key player in the housing market by offering a unique combination of products, insights, and inspiration. Hemnet aims to be the go-to platform for housing needs, fostering relationships with buyers, sellers, and agents, and is listed on Nasdaq Stockholm.
YTD Price Performance: -17.32%
Average Trading Volume: 260,287
Current Market Cap: SEK26.36B
For an in-depth examination of HEM stock, go to TipRanks’ Stock Analysis page.