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Vend Marketplaces to Distribute EUR 336 Million from Adevinta Stake

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Vend Marketplaces to Distribute EUR 336 Million from Adevinta Stake

Confident Investing Starts Here:

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

Vend Marketplaces ASA announced a capital distribution from Adevinta, in which it holds a 14% stake, amounting to EUR 336 million. Vend plans to return these proceeds to its shareholders, demonstrating its commitment to disciplined capital allocation and value creation, while maintaining a conservative balance sheet.

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 leading Nordic company specializing in digital marketplaces across sectors such as Mobility, Real Estate, Jobs, and Recommerce. The company focuses on creating sustainable value and long-term growth for stakeholders and society, leveraging its strong market position and innovative digital solutions.

Average Trading Volume: 204,345

Current Market Cap: NOK75.93B

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

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