tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Trelleborg AB Advances Share Buyback Program to Enhance Shareholder Value

Story Highlights
Trelleborg AB Advances Share Buyback Program to Enhance Shareholder Value

TipRanks Black Friday Sale

Trelleborg AB ( ($SE:TREL.B) ) has issued an update.

Trelleborg AB has repurchased 106,000 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 compliant with EU regulations, is part of a larger buyback plan involving up to 7.5 million shares, with the intent to cancel repurchased shares at future Annual General Meetings, except those allocated for the Performance Share Program 2025/2027.

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, leveraging deep materials and applications expertise with early market insights. The company operates in three main business areas: Trelleborg Industrial Solutions, Trelleborg Medical Solutions, and Trelleborg Sealing Solutions, with operations in approximately 40 countries and reported annual sales of around SEK 34 billion in 2024. Trelleborg’s shares are listed on Nasdaq Stockholm, Large Cap.

YTD Price Performance: 1.27%

Average Trading Volume: 311,523

Technical Sentiment Signal: Strong Buy

Current Market Cap: SEK82.82B

Learn more about TREL.B stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1