Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from VEF AB ( (SE:VEFAB) ).
VEF AB has repurchased 1,550,000 ordinary shares between May 5 and May 9, 2025, as part of a buyback program targeting up to 5% of its outstanding shares. This strategic move, executed through Nasdaq Stockholm by Carnegie Investment Bank, aims to strengthen VEF’s market position by reducing the number of outstanding shares, potentially increasing shareholder value.
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 board representation, investing across various financial services sectors such as payments, credit, mobile money, and wealth advisory in emerging markets.
Average Trading Volume: 2,665,498
Current Market Cap: SEK2.03B
For an in-depth examination of VEFAB stock, go to TipRanks’ Stock Analysis page.