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Trelleborg AB ( ($SE:TREL.B) ) just unveiled an update.
Trelleborg AB has repurchased 98,000 series B shares as part of a buyback program aimed at adjusting its capital structure and enhancing shareholder value. This initiative, which is in accordance with EU regulations, is part of a larger plan to repurchase up to 2.5 million shares by July 2025, with the intent to cancel the repurchased shares at future Annual General Meetings, except those for the Performance Share Program.
The most recent analyst rating on ($SE:TREL.B) stock is a Hold with a SEK425.00 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 address complex challenges. The company operates three main business areas: Trelleborg Industrial Solutions, Trelleborg Medical Solutions, and Trelleborg Sealing Solutions. With operations in around 40 countries, Trelleborg reported annual sales of approximately SEK 34 billion in 2024. The company’s shares are listed on Nasdaq Stockholm, Large Cap.
YTD Price Performance: -6.73%
Average Trading Volume: 419,299
Current Market Cap: SEK79.8B
For detailed information about TREL.B stock, go to TipRanks’ Stock Analysis page.