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RVRC Holding AB ( (SE:RVRC) ) has provided an announcement.
RevolutionRace has announced a change in its share structure following the cancellation of 3,841,189 shares that were previously repurchased, and the registration of 26,750 new shares through the exercise of warrants under its LTIP 2022/2026. This adjustment results in a total of 105,782,200 shares and votes in the company, reflecting its strategic financial maneuvers to optimize shareholder value.
The most recent analyst rating on (SE:RVRC) stock is a Hold with a SEK67.00 price target. To see the full list of analyst forecasts on RVRC Holding AB stock, see the SE:RVRC Stock Forecast page.
More about RVRC Holding AB
RVRC Holding AB, operating under the brand RevolutionRace, is a fast-growing outdoor company that offers multifunctional products such as clothes, shoes, backpacks, and accessories for people with active lifestyles. The company focuses on providing high-quality, colorful, and affordable outdoor products with excellent design and fit. RevolutionRace operates with a digital direct-to-consumer business model, reaching customers in approximately 40 countries. Founded in 2013, it has been listed on Nasdaq Stockholm since 2021.
Average Trading Volume: 601,466
Technical Sentiment Signal: Buy
Current Market Cap: SEK6.79B
For a thorough assessment of RVRC stock, go to TipRanks’ Stock Analysis page.