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VEF AB Adjusts Share Structure with New Class C 2025 Shares

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VEF AB Adjusts Share Structure with New Class C 2025 Shares

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The latest update is out from VEF AB ( (SE:VEFAB) ).

VEF AB announced a change in its share structure, redeeming 32,601,708 Class C shares and issuing 10,530,000 new Class C 2025 shares. This adjustment, approved in the Annual General Meeting, results in a total of 1,091,845,792 shares across six classes, impacting the company’s voting structure and potentially its market positioning.

More about VEF AB

VEF AB is an investment company based in Sweden, focusing on growth-stage private fintech companies. They take minority stakes and actively participate in their portfolio companies with board representation. VEF targets emerging markets and invests across various financial services sectors, including payments, credit, mobile money, and wealth advisory services. The company’s shares are traded on Nasdaq Stockholm’s Main Market under the ticker VEFAB.

Average Trading Volume: 1,311,596

Current Market Cap: SEK1.95B

For an in-depth examination of VEFAB stock, go to TipRanks’ Overview page.

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