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VEF AB ( (SE:VEFAB) ) has shared an update.
VEF AB has repurchased 900,000 ordinary shares as part of its share buyback program, which aims to buy back up to 10% of its outstanding shares. This move, executed through Nasdaq Stockholm by Carnegie Investment Bank AB, reflects VEF’s strategic financial management and may impact its market positioning by potentially increasing shareholder value.
More about VEF AB
VEF AB is an investment company based in Sweden, focusing on growth-stage private fintech companies. The company takes minority stakes and actively participates in its portfolio companies with board representation. VEF targets scale emerging markets and invests across various financial services sectors, including payments, credit, mobile money, and wealth advisory.
Average Trading Volume: 1,376,925
Current Market Cap: SEK1.87B
Learn more about VEFAB stock on TipRanks’ Stock Analysis page.