IAR Systems Group AB ( ($SE:IAR.B) ) has issued an announcement.
IAR Systems Group AB has completed a share buyback program, repurchasing 13,852 of its Series B shares between April 22 and April 25, 2025. This initiative, conducted on Nasdaq Stockholm, aligns with the EU Market Abuse Regulation and aims to enhance shareholder value by reducing the number of outstanding shares. The buyback program, which began in September 2024, is now closed, and IAR holds a total of 922,955 Series B shares and 308,042 Series C shares. This strategic move is expected to strengthen IAR’s market position and potentially increase the value for existing shareholders.
More about IAR Systems Group AB
IAR Systems Group AB is a leading provider of software and services for embedded development, enabling companies worldwide to create secure products that shape the future. Established in 1983, IAR has been pivotal in developing over one million embedded applications across various industries, including Automotive, Industrial Automation, IoT, MedTech, Military, and Public Safety. The company supports 15,000 devices from over 70 semiconductor partners and is headquartered in Uppsala, Sweden, with a global presence.
YTD Price Performance: -9.51%
Average Trading Volume: 928
Technical Sentiment Signal: Buy
Current Market Cap: SEK1.48B
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