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An update from VEF AB ( (SE:VEFAB) ) is now available.
VEF AB announced the repurchase of 1,300,000 ordinary shares as part of its share buyback program, which aims to buy back up to 5% of its outstanding shares by May 13, 2025. This move is expected to enhance shareholder value and reflects the company’s confidence in its market positioning and future prospects.
More about VEF AB
VEF AB is an investment company listed in Sweden, focusing on growth-stage private fintech companies. It takes minority stakes and actively participates in its portfolio companies, with a focus on emerging markets and various financial services sectors, including payments, credit, mobile money, and wealth advisory.
YTD Price Performance: -9.27%
Average Trading Volume: 2,677,856
Current Market Cap: SEK2.08B
For detailed information about VEFAB stock, go to TipRanks’ Stock Analysis page.