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An announcement from Loomis AB ( (SE:LOOMIS) ) is now available.
Loomis AB has announced an update on its share repurchase program, which was initiated on July 24, 2025. As of August 29, 2025, the company has repurchased 268,600 shares, bringing its total holding to 818,553 shares, equivalent to 1.2% of the outstanding shares. The repurchase program, which may involve up to SEK 200 million, is set to conclude by September 29, 2025. This strategic move is part of Loomis’s ongoing efforts to manage its capital structure and enhance shareholder value.
The most recent analyst rating on (SE:LOOMIS) stock is a Hold with a SEK438.00 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 is a company that provides secure and effective comprehensive solutions for managing payments, including the distribution, handling, storage, and recycling of cash and other valuables. Its primary customers are financial institutions and retailers. Loomis operates through an international network of around 400 branches in 27 countries, employing approximately 24,000 people, and reported revenue of over SEK 30 billion in 2024. The company is listed on the Nasdaq Stockholm Large-Cap list.
YTD Price Performance: 29.19%
Average Trading Volume: 117,982
Technical Sentiment Signal: Buy
Current Market Cap: SEK27.78B
See more data about LOOMIS stock on TipRanks’ Stock Analysis page.