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ITAB Shop Concept AB ( (SE:ITAB) ) has provided an update.
ITAB Shop Concept AB has announced a strategic move to issue and repurchase 611,000 Class C shares to support its performance-based incentive program, LTIP 2025. This decision aims to ensure the delivery of ordinary shares to participating employees, enhancing employee engagement and aligning their interests with the company’s growth objectives.
The most recent analyst rating on (SE:ITAB) stock is a Buy with a SEK20.00 price target. To see the full list of analyst forecasts on ITAB Shop Concept AB stock, see the SE:ITAB Stock Forecast page.
More about ITAB Shop Concept AB
ITAB Shop Concept AB is a company that specializes in creating retail solutions that enhance brand experiences through a variety of services and products. These include consultative design services, custom-made interiors, self-service and checkout solutions, smart gates, professional lighting systems, and interactive digital solutions for physical stores. The company has annual sales of approximately SEK 13 billion and employs around 5,400 people. ITAB is listed on Nasdaq Stockholm.
Average Trading Volume: 401,995
Technical Sentiment Signal: Buy
Current Market Cap: SEK4.79B
See more data about ITAB stock on TipRanks’ Stock Analysis page.