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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) ) just unveiled an announcement.

Cavotec Group AB has increased its total number of shares to 106,696,030 following the completion of a merger involving Cavotec SA. This increase, achieved through the issuance and conversion of series C shares into ordinary shares, reflects the company’s strategic growth and could impact its market positioning and stakeholder interests.

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 and applications globally.

Average Trading Volume: 9,432

Current Market Cap: SEK1.62B

See more insights into CCC stock on TipRanks’ Stock Analysis page.

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