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Tradedoubler AB Exercises Share Issuance and Repurchase for 2025 Program

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Tradedoubler AB Exercises Share Issuance and Repurchase for 2025 Program

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TradeDoubler AB ( (SE:TRAD) ) has shared an update.

Tradedoubler AB’s board of directors has exercised its authorization to issue and repurchase class C-shares to fulfill commitments under the company’s 2025 share program. The issuance and repurchase involve 4,209,240 class C shares, which will be converted to ordinary shares for the share program, representing approximately 7.6% of the total shares and votes in the company. This strategic move is aimed at securing the company’s obligations and maintaining its market position.

The most recent analyst rating on (SE:TRAD) stock is a Hold with a SEK6.50 price target. To see the full list of analyst forecasts on TradeDoubler AB stock, see the SE:TRAD Stock Forecast page.

More about TradeDoubler AB

Tradedoubler is an international leader in digital marketing and technology, offering performance-based solutions for advertisers and publishers. Founded in Sweden in 1999, the company was a pioneer in affiliate marketing in Europe and has expanded its offerings to include data-driven insights and purchase journey tracking through its proprietary BI tool. Tradedoubler is listed on Nasdaq OMX Stockholm.

Average Trading Volume: 58,005

Technical Sentiment Signal: Hold

Current Market Cap: SEK396.5M

Find detailed analytics on TRAD stock on TipRanks’ Stock Analysis page.

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