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Trelleborg AB ( ($SE:TREL.B) ) has issued an announcement.
Trelleborg AB has repurchased 116,381 series B shares as part of a buyback program aimed at optimizing its capital structure and enhancing shareholder value. The buyback, which is part of a larger program to repurchase up to 2.5 million shares, is also intended to support the company’s Performance Share Program 2025/2027. The repurchases were conducted on Nasdaq Stockholm and are in compliance with EU regulations.
The most recent analyst rating on ($SE:TREL.B) stock is a Hold with a SEK397.00 price target. To see the full list of analyst forecasts on Trelleborg AB stock, see the SE:TREL.B Stock Forecast page.
More about Trelleborg AB
Trelleborg AB is a global leader in engineered polymer solutions, leveraging extensive materials and applications expertise to address complex challenges. The company operates in three main business areas: Trelleborg Industrial Solutions, Trelleborg Medical Solutions, and Trelleborg Sealing Solutions, with operations in around 40 countries and reported annual sales of approximately SEK 34 billion in 2024.
YTD Price Performance: 0.62%
Average Trading Volume: 347,179
Current Market Cap: SEK82.29B
For an in-depth examination of TREL.B stock, go to TipRanks’ Overview page.