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SinterCast AB ( (SE:SINT) ) has issued an announcement.
SinterCast AB has announced the activation of a new share buyback program following shareholder authorization at the Annual General Meeting. The program, with an initial allocation of up to SEK 5 million, aims to optimize the company’s capital structure and create value for shareholders by repurchasing up to 10% of the outstanding shares before the next AGM in May 2026.
More about SinterCast AB
SinterCast AB is the world’s leading supplier of process control technology for the production of Compacted Graphite Iron (CGI), which is stronger, stiffer, and more durable than conventional iron. This technology supports the development of smaller, lighter, and more fuel-efficient engines, contributing to a reduction of approximately ten million tonnes of CO2 per year. With 58 installations in 13 countries, SinterCast provides sustainable solutions to the global foundry and automotive industries and is publicly traded on the Nasdaq Stockholm stock exchange.
Average Trading Volume: 4,857
Current Market Cap: SEK781M
See more insights into SINT stock on TipRanks’ Stock Analysis page.
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