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NAXS AB ( (SE:NAXS) ) just unveiled an update.
NAXS AB has repurchased 9,697 of its own shares as part of a share repurchase program aimed at enhancing capital management flexibility, returning capital to shareholders, and adjusting the company’s capital structure. This initiative is expected to create additional value for shareholders by potentially reducing the discount to the company’s net asset value.
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: 132,827
Technical Sentiment Signal: Hold
Current Market Cap: SEK395.3M
See more insights into NAXS stock on TipRanks’ Stock Analysis page.