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Intrum Justitia AB ( (SE:INTRUM) ) has shared an announcement.
Intrum announced the outcome of a directed share issue involving 13,524,546 ordinary shares to Skandinaviska Enskilda Banken AB (SEB) as part of a recapitalization transaction. This move is intended to fulfill obligations under Intrum’s reorganization plans approved by Swedish and US courts. SEB will transfer the shares to noteholders, with the transaction expected to conclude in July 2025, potentially impacting Intrum’s financial stability and stakeholder interests.
The most recent analyst rating on (SE:INTRUM) stock is a Hold with a SEK51.00 price target. To see the full list of analyst forecasts on Intrum Justitia AB stock, see the SE:INTRUM Stock Forecast page.
More about Intrum Justitia AB
Intrum is a leading provider of Credit Management Services, operating in 20 European markets. The company supports businesses in managing payments and assists individuals with late payments, contributing to a stable economy. Intrum employs approximately 9,500 professionals and serves around 70,000 companies, with a reported income of SEK 18.0 billion in 2024. Headquartered in Stockholm, Sweden, Intrum is listed on the Nasdaq Stockholm exchange.
Average Trading Volume: 779,230
Current Market Cap: SEK7.22B
For detailed information about INTRUM stock, go to TipRanks’ Stock Analysis page.