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Trelleborg AB ( ($SE:TREL.B) ) just unveiled an announcement.
Trelleborg AB has repurchased 110,000 series B shares as part of a buyback program aimed at adjusting its capital structure to enhance shareholder value. This initiative, which is part of a larger program to repurchase up to 7.5 million shares, aligns with regulatory standards and supports the company’s Performance Share Program for 2025/2027.
The most recent analyst rating on ($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 offer a broad range of solutions across complex applications. 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 annual sales of around SEK 34 billion.
YTD Price Performance: 1.30%
Average Trading Volume: 280,507
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK82.84B
See more insights into TREL.B stock on TipRanks’ Stock Analysis page.