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VEF AB ( (SE:VEFAB) ) has issued an update.
VEF AB has repurchased 600,000 ordinary shares as part of its buyback program, approved by the Annual General Meeting, which aims to buy back up to 10% of its outstanding shares. The buybacks, conducted through Nasdaq Stockholm by Carnegie Investment Bank AB, reflect VEF’s strategic efforts to manage its share capital 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. The company 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: 909,676
Technical Sentiment Signal: Hold
Current Market Cap: SEK2.14B
For detailed information about VEFAB stock, go to TipRanks’ Stock Analysis page.