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Stillfront Group AB ( (SE:SF) ) has issued an update.
Stillfront Group AB’s Board of Directors has decided to repurchase its own shares on Nasdaq Stockholm, as authorized by the Annual General Meeting. This move aims to facilitate payment in shares for earn-out considerations related to acquisitions, with a repurchase cap of SEK 60 million. The program will be managed by DNB Carnegie Investment Bank AB and is expected to involve approximately 31.65 million shares for earn-out payments in 2025.
The most recent analyst rating on (SE:SF) stock is a Buy with a SEK7.30 price target. To see the full list of analyst forecasts on Stillfront Group AB stock, see the SE:SF Stock Forecast page.
More about Stillfront Group AB
Stillfront is a global games company headquartered in Stockholm, Sweden, developing digital games played by approximately 41 million people monthly. The company boasts a diversified portfolio that includes well-known franchises such as Big Farm, Jawaker, and Supremacy, as well as niche games across various genres. Stillfront operates in major markets including the US, Japan, MENA, Germany, and the UK, and its shares are listed on Nasdaq Stockholm.
Average Trading Volume: 1,744,731
Current Market Cap: SEK3.65B
For detailed information about SF stock, go to TipRanks’ Stock Analysis page.