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Cavotec Group AB Expands Share Count Following Merger

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Cavotec Group AB Expands Share Count Following Merger

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Cavotec Group AB ( (SE:CCC) ) has issued an update.

Cavotec Group AB has increased its total number of shares to 106,696,030 following a merger with Cavotec SA, which involved issuing and converting 3,402,426 series C shares into ordinary shares. This development reflects Cavotec’s ongoing strategic growth and could enhance its market positioning and stakeholder value.

More about Cavotec Group AB

Cavotec is a leading cleantech company specializing in designing and delivering connection and electrification solutions aimed at decarbonizing ports and industrial applications. With 50 years of experience, Cavotec ensures safe, efficient, and sustainable operations for a diverse range of customers worldwide.

Average Trading Volume: 9,432

Current Market Cap: SEK1.62B

See more data about CCC stock on TipRanks’ Stock Analysis page.

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