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Trelleborg AB ( ($SE:TREL.B) ) just unveiled an announcement.
Trelleborg AB announced the repurchase of 104,500 series B shares as part of a buyback program aimed at optimizing the company’s capital structure and enhancing shareholder value. This initiative, which is part of a larger program to repurchase up to 7.5 million shares, is conducted under EU regulations and involves canceling repurchased shares to improve financial metrics, except those allocated for the Performance Share Program 2025/2027.
The most recent analyst rating on ($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 materials and applications expertise to offer a diverse portfolio for complex applications. With operations in around 40 countries, Trelleborg reported annual sales of approximately SEK 34 billion in 2024. The company comprises three business areas: Trelleborg Industrial Solutions, Trelleborg Medical Solutions, and Trelleborg Sealing Solutions. Trelleborg shares have been listed on the Nasdaq Stockholm since 1964.
YTD Price Performance: 4.57%
Average Trading Volume: 316,723
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK85.51B
See more data about TREL.B stock on TipRanks’ Stock Analysis page.