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Viaplay Group Announces Share Repurchase to Support Incentive Program

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Viaplay Group Announces Share Repurchase to Support Incentive Program

Elevate Your Investing Strategy:

Viaplay ( ($SE:VPLAY.B) ) has shared an update.

Viaplay Group’s Board of Directors has resolved to acquire its own class B shares to support the company’s long-term incentive program (LTIP 2025), as authorized by the Annual General Meeting. This decision allows Viaplay to repurchase shares up to SEK 25 million, ensuring the delivery of shares to participants after a three-year vesting period. The repurchase will be conducted by Carnegie Investment Bank AB, adhering to EU regulations, and aims to strengthen Viaplay’s market position by aligning stakeholder interests and enhancing shareholder value.

The most recent analyst rating on ($SE:VPLAY.B) stock is a Hold with a SEK1.00 price target. To see the full list of analyst forecasts on Viaplay stock, see the SE:VPLAY.B Stock Forecast page.

More about Viaplay

Viaplay Group AB is a leading entertainment provider in the Nordic region, offering a streaming service available in every Nordic country, the Netherlands, and Poland. The company also operates TV channels and radio stations in Norway and Sweden. Viaplay focuses on delivering locally relevant storytelling, including live sports, films, series, and music, with a mission to grow profitably and responsibly while delivering sustainable value to stakeholders. It is listed on Nasdaq Stockholm.

Average Trading Volume: 26,137,206

Current Market Cap: SEK2.61B

For an in-depth examination of VPLAY.B stock, go to TipRanks’ Stock Analysis page.

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