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Stillfront Group AB ( (SE:SF) ) has issued an announcement.
Stillfront Group AB has announced that its holding of own shares has fallen below the 5% threshold, now standing at 3% of all shares and votes. This change follows the completion of a repurchase program aimed at facilitating earn-out payments related to acquisitions. The company’s board has been authorized to initiate new share repurchase programs until the next annual general meeting, indicating strategic financial management and potential future acquisitions.
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 that develops digital games played by approximately 41 million people monthly. The company offers a diversified portfolio of games, including well-established franchises like Big Farm, Jawaker, and Supremacy, as well as niche games across various genres. With headquarters in Stockholm, Sweden, Stillfront operates globally with main markets in the US, Japan, MENA, Germany, and the UK. Its shares are listed on Nasdaq Stockholm.
Average Trading Volume: 1,896,679
Current Market Cap: SEK3.55B
See more insights into SF stock on TipRanks’ Stock Analysis page.