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Tele2 Announces Change in Voting Structure

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Tele2 Announces Change in Voting Structure

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An announcement from Tele2 AB ( ($SE:TEL2.B) ) is now available.

Tele2 AB announced a decrease in the total number of votes due to the conversion of 34,595 class A shares to class B shares. This change affects the company’s voting structure, with the total number of votes now amounting to 784,272,215. This reclassification aligns with the company’s governance provisions and may impact shareholder influence.

The most recent analyst rating on ($SE:TEL2.B) stock is a Buy with a SEK170.00 price target. To see the full list of analyst forecasts on Tele2 AB stock, see the SE:TEL2.B Stock Forecast page.

More about Tele2 AB

Tele2 is a prominent telecommunications company focused on providing a wide range of services including mobile and fixed connectivity, telephony, data network services, TV, streaming, and global IoT solutions. Established in 1993 and listed on Nasdaq Stockholm, Tele2 is committed to enhancing digital lifestyles through robust and sustainable infrastructure. In 2024, the company reported a revenue of SEK 30 billion and an underlying EBITDAaL of SEK 11 billion.

Average Trading Volume: 1,498,143

Technical Sentiment Signal: Buy

Current Market Cap: SEK114.8B

Find detailed analytics on TEL2.B stock on TipRanks’ Stock Analysis page.

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