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VEF AB ( (SE:VEFAB) ) just unveiled an announcement.
VEF AB has repurchased 1,260,000 ordinary shares between May 19 and May 23, 2025, as part of a buyback program approved by the Annual General Meeting. This initiative, executed by Carnegie Investment Bank on Nasdaq Stockholm, is part of a broader strategy to buy back up to 10% of VEF’s outstanding shares, potentially impacting shareholder value and market perception.
More about VEF AB
VEF AB is an investment company listed in Sweden, focusing on growth stage private fintech companies. It takes minority stakes and actively participates in its portfolio companies, with a focus on emerging markets and financial services sectors such as payments, credit, mobile money, and wealth advisory.
Average Trading Volume: 1,405,532
Current Market Cap: SEK2B
Learn more about VEFAB stock on TipRanks’ Stock Analysis page.