Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
VEF AB ( (SE:VEFAB) ) just unveiled an announcement.
VEF AB has repurchased 720,000 ordinary shares as part of a buyback program approved by the Annual General Meeting, aiming to buy back up to 10% of its outstanding shares. This move is likely to impact the company’s market positioning by potentially increasing shareholder value and demonstrating confidence in its financial stability.
More about VEF AB
VEF AB is an investment company listed in Sweden, focusing on growth-stage private fintech companies. They take minority stakes and actively participate in their portfolio companies, with a focus on emerging markets and areas such as payments, credit, mobile money, and wealth advisory services.
Average Trading Volume: 1,400,963
Current Market Cap: SEK1.99B
Learn more about VEFAB stock on TipRanks’ Stock Analysis page.