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An announcement from VEF AB ( (SE:VEFAB) ) is now available.
VEF AB has repurchased 1,300,000 ordinary shares between April 22 and April 25, 2025, as part of its share buyback program. This initiative, which aims to repurchase up to 5% of its outstanding shares, is set to conclude on May 13, 2025. The buybacks, executed by Carnegie Investment Bank AB, reflect VEF’s strategy to manage its capital structure and potentially enhance shareholder value.
More about VEF AB
VEF AB is an investment company based in Sweden, focusing on growth-stage private fintech companies. It takes minority stakes and actively participates in the management of its portfolio companies, investing across various financial services sectors such as payments, credit, mobile money, and wealth advisory. VEF is listed on Nasdaq Stockholm’s Main Market.
YTD Price Performance: -9.27%
Average Trading Volume: 2,677,856
Current Market Cap: SEK2.08B
Learn more about VEFAB stock on TipRanks’ Stock Analysis page.