Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Trelleborg AB ( ($SE:TREL.B) ) has issued an update.
Trelleborg AB announced the repurchase of 118,859 series B shares as part of a buyback program aimed at adjusting the company’s capital structure to enhance shareholder value. The program, which allows for the repurchase of up to 2.5 million shares, is conducted under EU regulations and is intended to support the company’s Performance Share Program 2025/2027, with plans for eventual cancellation of repurchased shares to optimize capital structure.
The most recent analyst rating on ($SE:TREL.B) stock is a Hold with a SEK397.00 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 complex applications. The company operates in approximately 40 countries and comprises three business areas: Trelleborg Industrial Solutions, Trelleborg Medical Solutions, and Trelleborg Sealing Solutions. In 2024, Trelleborg reported annual sales of approximately SEK 34 billion and has been listed on the Nasdaq Stockholm since 1964.
YTD Price Performance: -1.84%
Average Trading Volume: 384,884
Current Market Cap: SEK80.27B
For a thorough assessment of TREL.B stock, go to TipRanks’ Stock Analysis page.