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An announcement from Trelleborg AB ( ($SE:TREL.B) ) is now available.
Trelleborg AB has repurchased 102,500 series B shares as part of a buyback program aimed at adjusting the company’s capital structure to enhance shareholder value. This initiative, which is in line with regulatory standards, is part of a larger plan to buy back up to 7.5 million shares, with the repurchased shares intended for cancellation or use in the Performance Share Program.
The most recent analyst rating on ($SE:TREL.B) stock is a Hold with a SEK400.00 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 is a global leader in engineered polymer solutions, utilizing extensive materials and applications expertise to offer a diverse portfolio for complex applications. In 2024, the company reported annual sales of approximately SEK 34 billion and operates in around 40 countries, with business areas including Trelleborg Industrial Solutions, Trelleborg Medical Solutions, and Trelleborg Sealing Solutions. Trelleborg shares have been listed on the Stock Exchange since 1964 and are traded on Nasdaq Stockholm, Large Cap.
YTD Price Performance: 7.46%
Average Trading Volume: 307,830
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK87.88B
See more insights into TREL.B stock on TipRanks’ Stock Analysis page.