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Loomis AB ( (SE:LOOMIS) ) just unveiled an announcement.
Loomis AB has completed the repurchase of 535,300 shares as part of its repurchase program announced in May 2025, bringing its total holding to 549,953 shares, which is 0.80 percent of the company’s outstanding shares. This strategic move may impact Loomis’ market positioning by potentially enhancing shareholder value and optimizing capital structure.
The most recent analyst rating on (SE:LOOMIS) stock is a Hold with a SEK320.00 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 AB offers secure and effective comprehensive solutions for managing payments, including the distribution, handling, storage, and recycling of cash and other valuables. The company’s primary customers are 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. It is listed on the Nasdaq Stockholm Large-Cap list.
Average Trading Volume: 136,284
Current Market Cap: SEK26.1B
For detailed information about LOOMIS stock, go to TipRanks’ Stock Analysis page.