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Loomis AB ( (SE:LOOMIS) ) has shared an announcement.
Loomis AB has repurchased 296,900 shares as part of its ongoing share repurchase program, bringing its total holding to 1,334,753 shares, which is 1.95% of the company’s outstanding shares. The program, which allows for repurchases up to SEK 200 million, is set to conclude by January 2, 2026, potentially impacting the company’s stock value and shareholder equity.
The most recent analyst rating on (SE:LOOMIS) stock is a Hold with a SEK400.00 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.
YTD Price Performance: 17.05%
Average Trading Volume: 98,745
Technical Sentiment Signal: Buy
Current Market Cap: SEK25.17B
For an in-depth examination of LOOMIS stock, go to TipRanks’ Overview page.