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Trelleborg AB ( ($SE:TREL.B) ) has issued an announcement.
Trelleborg AB announced the repurchase of 120,000 series B shares as part of a buyback program aimed at adjusting the company’s capital structure to enhance shareholder value. The buyback, which is part of a larger program involving up to 7.5 million shares, is conducted under EU regulations and is intended to support the company’s Performance Share Program 2025/2027, with plans to cancel repurchased shares at future annual meetings.
The most recent analyst rating on ($SE:TREL.B) stock is a Hold with a SEK396.00 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 materials and applications expertise to provide a broad range of applications, including complex ones. The company operates in approximately 40 countries and reported annual sales of around SEK 34 billion in 2024. It comprises three business areas: Trelleborg Industrial Solutions, Trelleborg Medical Solutions, and Trelleborg Sealing Solutions. Trelleborg shares are listed on Nasdaq Stockholm, Large Cap.
YTD Price Performance: -2.27%
Average Trading Volume: 286,473
Technical Sentiment Signal: Buy
Current Market Cap: SEK79.92B
For detailed information about TREL.B stock, go to TipRanks’ Stock Analysis page.