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An update from Hexagon AB ( ($SE:HEXA.B) ) is now available.
Hexagon AB has announced organizational changes in anticipation of a potential spin-off of its Octave division. Key appointments include Ben Maslen as Chief Financial Officer and Tony Zana as Chief Legal Officer for Octave, while Andreas Wenzel and Thomas De Muynck join the Hexagon executive team. The company plans to present Octave as a single entity in its financial disclosures from the third quarter of 2025, reflecting its new management structure. Hexagon’s Board has confirmed the duration of Octave’s Swedish Depository Receipt programme on Nasdaq Stockholm, aiming to facilitate shareholder participation post-separation.
The most recent analyst rating on ($SE:HEXA.B) stock is a Buy with a SEK125.00 price target. To see the full list of analyst forecasts on Hexagon AB stock, see the SE:HEXA.B Stock Forecast page.
More about Hexagon AB
Hexagon AB is a global leader in digital reality solutions, combining sensor, software, and autonomous technologies. The company focuses on industries such as manufacturing, construction, and geospatial, providing solutions that drive efficiency and productivity.
YTD Price Performance: 4.10%
Average Trading Volume: 3,124,806
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK290.3B
For a thorough assessment of HEXA.B stock, go to TipRanks’ Stock Analysis page.