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An update from Peab AB ( ($SE:PEAB.B) ) is now available.
Peab AB’s Board of Directors has authorized the repurchase of its own shares on Nasdaq Stockholm, starting July 28, 2025, to support its long-term Performance Share Program and potential acquisitions. The repurchase plan, managed by Nordea Bank Abp, will adhere to EU regulations and is capped at SEK 500 million, ensuring the company’s financial stability and strategic flexibility.
The most recent analyst rating on ($SE:PEAB.B) stock is a Buy with a SEK90.00 price target. To see the full list of analyst forecasts on Peab AB stock, see the SE:PEAB.B Stock Forecast page.
More about Peab AB
Peab is a Nordic construction company with 13,000 employees and net sales of SEK 58 billion. It focuses on local presence and utilizing its own resources to develop and build infrastructure and communities. The company is headquartered in Förslöv, Sweden, and its shares are listed on Nasdaq Stockholm.
Average Trading Volume: 336,592
Technical Sentiment Signal: Buy
Current Market Cap: SEK21.75B
See more insights into PEAB.B stock on TipRanks’ Stock Analysis page.