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Sinch AB ( (SE:SINCH) ) has shared an update.
Sinch AB announced an increase in its total number of shares and votes to 844,935,967 due to the issuance of 311,881 new shares following the exercise of stock options within its incentive programs. This development reflects Sinch’s ongoing growth and commitment to incentivizing its workforce, potentially impacting its market position and shareholder value.
The most recent analyst rating on (SE:SINCH) stock is a Buy with a SEK43.00 price target. To see the full list of analyst forecasts on Sinch AB stock, see the SE:SINCH Stock Forecast page.
More about Sinch AB
Sinch is a leader in global communication solutions, providing a Customer Communications Cloud that enhances customer experiences through mobile messaging, voice, and email. Founded in 2008 and headquartered in Stockholm, Sweden, Sinch serves over 175,000 businesses, including major tech companies, and is listed on NASDAQ Stockholm.
Average Trading Volume: 6,193,430
Technical Sentiment Signal: Buy
Current Market Cap: SEK29.06B
Learn more about SINCH stock on TipRanks’ Stock Analysis page.