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An update from Synsam AB ( (SE:SYNSAM) ) is now available.
Synsam AB’s board has decided to repurchase its own shares to adjust the company’s capital structure, following authorization from the annual general meeting. The buy-back program, compliant with EU regulations, will occur on Nasdaq Stockholm and aims to reduce Synsam’s share capital, with plans to propose redemption of repurchased shares at the 2026 annual general meeting. This strategic move is intended to optimize the company’s financial framework and potentially enhance shareholder value.
The most recent analyst rating on (SE:SYNSAM) stock is a Buy with a SEK60.00 price target. To see the full list of analyst forecasts on Synsam AB stock, see the SE:SYNSAM Stock Forecast page.
More about Synsam AB
Synsam Group is a leading optician group in the Nordic region, known for its innovative and affordable subscription offerings. The company provides a wide range of eye health and eye fashion products and services, catering to diverse customer lifestyles and needs. With approximately 4,000 employees and nearly 600 stores across the Nordics, Synsam operates under the brands Synsam, Synsam Outlet, and Profil Optik in Denmark. The company is at the forefront of innovation in the Nordic optical retail market, leveraging digitalization, subscription services, and other innovative concepts to enhance the customer journey and product offerings. Synsam Group’s shares are traded on Nasdaq Stockholm.
Average Trading Volume: 666,898
Technical Sentiment Signal: Buy
Current Market Cap: SEK8.21B
Learn more about SYNSAM stock on TipRanks’ Stock Analysis page.