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Embracer Group AB ( ($SE:EMBRAC.B) ) has shared an update.
Embracer Group AB announced the repurchase of 728,742 B shares as part of a SEK 500 million buyback program aimed at optimizing its capital structure and increasing shareholder value. The buyback, conducted in compliance with EU regulations, reflects Embracer’s strategic efforts to manage its share capital effectively, with plans to propose the cancellation of repurchased shares at the 2026 annual general meeting.
The most recent analyst rating on ($SE:EMBRAC.B) stock is a Hold with a SEK112.00 price target. To see the full list of analyst forecasts on Embracer Group AB stock, see the SE:EMBRAC.B Stock Forecast page.
More about Embracer Group AB
Embracer Group AB is a Swedish company operating in the video game industry, known for its acquisition strategy and diverse portfolio of gaming studios and intellectual properties. The company focuses on expanding its market presence through strategic buyouts and optimizing its financial structure to enhance shareholder value.
Average Trading Volume: 823,390
Technical Sentiment Signal: Sell
Current Market Cap: SEK22.69B
For a thorough assessment of EMBRAC.B stock, go to TipRanks’ Stock Analysis page.