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Loomis AB Cancels Treasury Shares, Maintains Share Capital

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Loomis AB Cancels Treasury Shares, Maintains Share Capital

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The latest announcement is out from Loomis AB ( (SE:LOOMIS) ).

Loomis AB has cancelled 2,500,000 repurchased treasury shares as per the resolution by the Annual General Meeting on May 6, 2025. The share capital remains unchanged due to a simultaneous increase from non-restricted shareholders’ equity, restoring it to its previous balance. As of May 29, 2025, Loomis has repurchased 252,300 shares, bringing its total holding of own shares to 266,953. The total number of shares, including treasury shares, is 68,500,000 with an equivalent number of votes.

The most recent analyst rating on (SE:LOOMIS) stock is a Hold with a SEK300.00 price target. To see the full list of analyst forecasts on Loomis AB stock, see the SE:LOOMIS Stock Forecast page.

More about Loomis AB

Loomis offers secure and effective comprehensive solutions for managing payments, including the distribution, handling, storage, and recycling of cash and other valuables. Loomis’ customers are mainly financial institutions and retailers. Loomis operates through an international network of around 400 branches in 27 countries, employs around 24,000 people, and had revenue in 2024 of more than SEK 30 billion. Loomis is listed on Nasdaq Stockholm Large-Cap list.

Average Trading Volume: 121,212

Current Market Cap: SEK24.77B

For detailed information about LOOMIS stock, go to TipRanks’ Stock Analysis page.

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