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VEF AB ( (SE:VEFAB) ) has shared an update.
VEF AB has repurchased 720,000 ordinary shares between June 2 and June 5, 2025, as part of a share buyback program approved by the Annual General Meeting. This initiative, executed through Nasdaq Stockholm by Carnegie Investment Bank AB, aims to buy back up to 10% of VEF’s outstanding shares, potentially enhancing shareholder value and signaling confidence in the company’s future prospects.
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, primarily targeting emerging markets across various financial services sectors, including payments, credit, mobile money, and wealth advisory.
Average Trading Volume: 1,378,613
Current Market Cap: SEK1.98B
See more insights into VEFAB stock on TipRanks’ Stock Analysis page.