Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Trelleborg AB ( ($SE:TREL.B) ) has shared an announcement.
Trelleborg AB has repurchased 94,105 series B shares as part of a buyback program aimed at adjusting the company’s capital structure to enhance shareholder value. This initiative, which is part of a larger program to buy back up to 2.5 million shares, is conducted in compliance with EU regulations and is expected to impact the company’s future financial strategies and shareholder returns.
The most recent analyst rating on ($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, offering a diverse portfolio for complex applications. In 2024, the company reported annual sales of approximately SEK 34 billion and operates in around 40 countries. It consists of 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: -5.06%
Average Trading Volume: 453,897
Current Market Cap: SEK81.23B
For a thorough assessment of TREL.B stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue