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Vend completes Lendo sale as it sharpens Nordic marketplace focus and steps up buybacks

Story Highlights
  • Vend finalizes sale of Lendo as it streamlines into a pure-play Nordic marketplace group.
  • Recent divestments raised NOK 4.5 billion, largely earmarked for shareholder returns via buybacks.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vend completes Lendo sale as it sharpens Nordic marketplace focus and steps up buybacks

Meet Samuel – Your Personal Investing Prophet

Vend Marketplaces ASA ( (GB:0R9I) ) has provided an announcement.

Vend Marketplaces ASA has completed the sale of its financial services marketplace Lendo Group to Clar Global AB, advancing its strategy to become a pure-play marketplace operator in its four core Nordic verticals. The deal follows earlier divestments of Prisjakt and the Mittanbud skilled trades marketplaces, underscoring a rapid portfolio simplification to concentrate resources on mobility, property, jobs and recommerce platforms.

Recent exits, including Lendo, Mittanbud and the pending capital distribution from the Adevinta Spain sale, have generated about NOK 4.5 billion in cash proceeds for Vend in the first quarter of 2026. In line with its capital allocation policy, the company plans to return this surplus capital to shareholders, primarily via an ongoing NOK 2 billion share buyback programme that has already deployed roughly NOK 1.5 billion, reinforcing shareholder returns while tightening its strategic focus.

The most recent analyst rating on (GB:0R9I) stock is a Buy with a NOK417.00 price target. To see the full list of analyst forecasts on Vend Marketplaces ASA stock, see the GB:0R9I Stock Forecast page.

More about Vend Marketplaces ASA

Vend Marketplaces ASA is a Nordic-focused digital marketplaces group operating leading platforms in the Mobility, Real Estate, Jobs and Recommerce verticals. The company positions itself as a provider of effortless digital experiences with an emphasis on sustainable value creation and long-term growth for users, shareholders and broader society, and it also holds a 14% stake in Adevinta, spun off in 2019.

Average Trading Volume: 677,010

Current Market Cap: NOK54.22B

For an in-depth examination of 0R9I stock, go to TipRanks’ Overview page.

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