IAR Systems Group AB ( ($SE:IAR.B) ) has provided an update.
IAR Systems Group AB has completed a share buyback program, repurchasing 13,852 of its Series B shares between April 22 and April 25, 2025. This buyback, conducted on Nasdaq Stockholm by Danske Bank, is part of a program announced in September 2024 and is now closed. The program was carried out in compliance with EU regulations, and following these transactions, IAR holds 922,955 Series B shares and 308,042 Series C shares. The buyback reflects IAR’s strategic financial management, potentially enhancing shareholder value and signaling confidence in the company’s future prospects.
More about IAR Systems Group AB
IAR Systems Group AB, headquartered in Uppsala, Sweden, provides world-leading software and services for embedded development. Since its founding in 1983, the company has been instrumental in the development of over one million embedded applications across various industries, including Automotive, Industrial Automation, IoT, MedTech, Military, and Public Safety. With support for 15,000 devices from over 70 semiconductor partners, IAR is dedicated to fostering innovation and enabling customer success globally.
YTD Price Performance: -9.51%
Average Trading Volume: 928
Technical Sentiment Signal: Buy
Current Market Cap: SEK1.48B
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