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NAXS AB Announces Portfolio Liquidation and Extraordinary Dividend

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NAXS AB Announces Portfolio Liquidation and Extraordinary Dividend

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

At an Extraordinary General Meeting, NAXS AB resolved to amend its investment mandate to facilitate an orderly liquidation of its portfolio assets. Additionally, the company announced an extraordinary dividend of SEK 16 per share, totaling approximately SEK 177.2 million, to be distributed to shareholders.

More about NAXS AB

NAXS AB is a company listed on NASDAQ Stockholm that primarily invests in private equity funds with a Nordic focus. It also engages in direct investments in private equity and other alternative assets, alongside funds, and can make other types of investments to a limited extent.

Average Trading Volume: 10,590

Technical Sentiment Signal: Buy

Current Market Cap: SEK714.2M

For an in-depth examination of NAXS stock, go to TipRanks’ Overview page.

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