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Vend Marketplaces ASA Announces Share Repurchase Offer

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Vend Marketplaces ASA Announces Share Repurchase Offer

Elevate Your Investing Strategy:

The latest announcement is out from Schibsted ASA ( (GB:0MHM) ).

Vend Marketplaces ASA has launched a tender offer to purchase up to 13.5 million of its own shares, with the intention of canceling them to potentially enhance shareholder value. The offer includes a fixed price for A-shares and B-shares, and the company retains discretion over the acceptance and allocation of shares, which may impact its share structure and market positioning.

The most recent analyst rating on (GB:0MHM) stock is a Buy with a NOK364.00 price target. To see the full list of analyst forecasts on Schibsted ASA stock, see the GB:0MHM Stock Forecast page.

More about Schibsted ASA

Vend Marketplaces ASA is a prominent Nordic company specializing in digital marketplaces across sectors such as Mobility, Real Estate, Jobs, and Recommerce. The company is committed to creating sustainable value and fostering long-term growth for its stakeholders and society. Vend holds a 14% ownership stake in Adevinta, a company spun off in 2019.

YTD Price Performance: 3.50%

Average Trading Volume: 192,381

Current Market Cap: NOK81.42B

For detailed information about 0MHM stock, go to TipRanks’ Stock Analysis page.

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