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The latest announcement is out from Nelly Group AB ( (SE:NELLY) ).
Nelly Group AB has increased its number of shares and votes by 47,950 as part of a share program approved at the annual general meeting in May 2025. This increase is expected to impact the company’s operations by enhancing its capital structure, potentially strengthening its market position and providing more flexibility for future growth initiatives.
More about Nelly Group AB
Nelly Group operates nelly.com, a leading fashion brand for young women in the Nordic region, and nlyman.com. The company focuses on its own brand combined with digital sales, boasting 0.9 million customers and annual sales of SEK 1.1 billion. Nelly Group is listed on Nasdaq Stockholm under the ticker ‘NELLY’.
YTD Price Performance: 50.52%
Average Trading Volume: 67,654
Current Market Cap: SEK1.31B
For detailed information about NELLY stock, go to TipRanks’ Stock Analysis page.