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The latest announcement is out from Evolution Gaming Group AB ( (SE:EVO) ).
Evolution AB has repurchased 135,000 of its own shares as part of a board-approved program aimed at improving its capital structure and enhancing shareholder value. The repurchase, conducted on Nasdaq Stockholm through Citibank, aligns with EU regulations and allows for a maximum acquisition of over 20 million shares, reflecting Evolution’s strategic financial management and commitment to its investors.
The most recent analyst rating on (SE:EVO) stock is a Hold with a SEK1210.00 price target. To see the full list of analyst forecasts on Evolution Gaming Group AB stock, see the SE:EVO Stock Forecast page.
More about Evolution Gaming Group AB
Evolution AB (publ) is a leading B2B provider of fully integrated online casino solutions to gaming operators. Established in 2006, the company serves over 800 operators and employs more than 22,200 people across studios in Europe, North and South America. Headquartered in Sweden, Evolution is listed on Nasdaq Stockholm and holds licenses from various jurisdictions including Malta, the UK, and Canada.
Average Trading Volume: 876,902
Current Market Cap: SEK139.8B
Learn more about EVO stock on TipRanks’ Stock Analysis page.