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VEF AB ( (SE:VEFAB) ) has issued an update.
VEF AB has repurchased 1,300,000 ordinary shares from April 22 to April 25, 2025, as part of a buyback program initiated by the Board of Directors. This program, aimed at repurchasing up to 5% of VEF’s outstanding shares, is expected to impact the company’s market positioning by potentially increasing shareholder value and demonstrating 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, emphasizing emerging markets and various financial services sectors like payments, credit, mobile money, and wealth advisory.
YTD Price Performance: -9.27%
Average Trading Volume: 2,677,856
Current Market Cap: SEK2.08B
Find detailed analytics on VEFAB stock on TipRanks’ Stock Analysis page.