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VEF AB ( (SE:VEFAB) ) has provided an announcement.
VEF AB has repurchased 1,300,000 ordinary shares between April 22 and April 25, 2025, as part of its share buyback program initiated on April 11, 2025. This program aims to repurchase up to 5% of the company’s outstanding shares by May 13, 2025. The buybacks were executed on Nasdaq Stockholm by Carnegie Investment Bank AB, and VEF now holds 1,912,000 repurchased shares, with 1,039,953,735 shares remaining outstanding.
More about VEF AB
VEF AB is an investment company based in Sweden, focusing on growth-stage private fintech companies. They take minority stakes and actively participate in the management of their portfolio companies, particularly in emerging markets. Their investments span various financial services sectors, including payments, credit, mobile money, and wealth advisory services. VEF is listed on Nasdaq Stockholm’s Main Market.
YTD Price Performance: -9.27%
Average Trading Volume: 2,677,856
Current Market Cap: SEK2.08B
For an in-depth examination of VEFAB stock, go to TipRanks’ Stock Analysis page.