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Storskogen Group AB Class B ( ($SE:STOR.B) ) has shared an update.
Storskogen has completed its previously announced share buyback programme for its own Class B shares, repurchasing 8,865,000 shares for a total of approximately SEK 100 million under the mandate granted by the 2025 Annual General Meeting. Following the completion of the programme, Storskogen holds 8,865,000 Class B shares out of a total of 1,686,725,219 shares outstanding, a move that signals capital allocation towards enhancing shareholder value and may have implications for the company’s capital structure and earnings per share going forward.
The most recent analyst rating on ($SE:STOR.B) stock is a Buy with a SEK12.50 price target. To see the full list of analyst forecasts on Storskogen Group AB Class B stock, see the SE:STOR.B Stock Forecast page.
More about Storskogen Group AB Class B
Storskogen Group AB is an international industrial group active in trade, industry and services, focusing on acquiring and developing leading small and medium-sized businesses in selected sectors. The company employs around 11,000 people, generates net sales of SEK 33 billion, and is listed on Nasdaq Stockholm, positioning itself as a long-term owner in its portfolio companies.
Average Trading Volume: 3,551,031
Technical Sentiment Signal: Buy
Current Market Cap: SEK19.44B
Find detailed analytics on STOR.B stock on TipRanks’ Stock Analysis page.