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Stillfront Group AB ( (SE:SF) ) just unveiled an announcement.
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 initiative, capped at SEK 70 million, aims to facilitate earn-out payments related to acquisitions, with the company planning to pay approximately 31.65 million shares as part of these considerations in 2025. The repurchase program, managed by Carnegie Investment Bank AB, highlights Stillfront’s strategic focus on acquisitions and shareholder value enhancement.
More about Stillfront Group AB
Stillfront is a global games company that develops digital games played by nearly 42 million people monthly. With a diverse portfolio that includes well-known franchises like Big Farm, Jawaker, and Supremacy, Stillfront aims to create a digital, affordable, equal, and sustainable gaming universe. The company is headquartered in Stockholm, Sweden, with game development teams worldwide, and its main markets include the US, Japan, MENA, Germany, and the UK. Stillfront’s shares are listed on Nasdaq Stockholm.
Average Trading Volume: 1,550,867
Current Market Cap: SEK2.77B
For a thorough assessment of SF stock, go to TipRanks’ Stock Analysis page.