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The latest announcement is out from VEF AB ( (SE:VEFAB) ).
VEF AB’s annual general meeting in Stockholm approved the 2025 accounts, agreed to retain earnings rather than pay a dividend, and set board size at seven members, re-electing five directors while adding Torun Litzén and Will Pruett, with Lars O Grönstedt confirmed as chairman and board and committee remuneration adjusted. Shareholders also reappointed Öhrlings PricewaterhouseCoopers as auditor and granted the board wide mandates, including a new performance-based incentive plan, authority to issue shares and other instruments, and permissions to repurchase and transfer up to 10% of the company’s own shares, enhancing capital management and strategic flexibility for future investments and corporate actions.
More about VEF AB
VEF AB is a Sweden-listed investment company that focuses on growth-stage private fintech firms in large emerging markets. It typically takes minority stakes, holds board seats and backs entrepreneurs across the financial services spectrum, including payments, credit, mobile money and wealth advisory platforms, and its common shares trade on Nasdaq Stockholm’s Main Market under the ticker VEFAB.
Average Trading Volume: 1,238,138
Technical Sentiment Signal: Sell
Current Market Cap: SEK1.92B
See more data about VEFAB stock on TipRanks’ Stock Analysis page.