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Sinch AB ( (SE:SINCH) ) just unveiled an announcement.
Sinch AB’s extraordinary general meeting approved the cancellation of 74,211,294 previously repurchased shares, representing about 8.78% of its total shares, to increase flexibility in capital allocation and give the board renewed capacity to conduct further buybacks under its current authorization. The meeting also resolved to reduce the share capital by SEK 742,112.94 through the cancellation of these treasury shares and simultaneously restore it via a bonus issue without issuing new shares, effectively transferring the amount to non-restricted equity while keeping total share capital unchanged, a move expected to optimize the company’s balance sheet without diluting existing shareholders.
The most recent analyst rating on (SE:SINCH) stock is a Buy with a SEK29.00 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 AB is a Stockholm-headquartered provider of intelligent customer communications technology, enabling businesses to connect with customers globally across messaging, email and voice channels. The company serves more than 190,000 customers, including leading global and AI-focused firms, processes over 900 billion interactions annually, generated USD 3 billion in net sales in 2025, and employs over 4,000 staff in more than 60 countries.
Average Trading Volume: 4,265,872
Technical Sentiment Signal: Sell
Current Market Cap: SEK17.03B
For detailed information about SINCH stock, go to TipRanks’ Stock Analysis page.