Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Intrum Justitia AB ( (SE:INTRUM) ) has shared an update.
Intrum AB’s Extraordinary General Meeting approved a directed issue of up to 1,000,000 shares to the sellers of Ophelos to settle the remaining purchase price, with the subscription price based on the weighted average closing price of Intrum shares on Nasdaq Stockholm. Additionally, if the newly issued shares are insufficient, the purchase price will be covered by transferring Intrum’s own treasury shares, also priced according to the weighted average closing price. This strategic move is expected to finalize the acquisition of Ophelos and could strengthen Intrum’s market position by expanding its service offerings.
The most recent analyst rating on (SE:INTRUM) stock is a Sell with a SEK50.00 price target. To see the full list of analyst forecasts on Intrum Justitia AB stock, see the SE:INTRUM Stock Forecast page.
More about Intrum Justitia AB
Intrum is Europe’s leading provider of credit management services, operating in 20 markets. The company supports individuals in financial recovery and helps businesses receive payments. With a century of experience and around 9,500 employees serving 70,000 companies, Intrum combines technology and a human-centered approach to enable sustainable payments. Headquartered in Stockholm, Sweden, Intrum is publicly listed on Nasdaq Stockholm.
Average Trading Volume: 1,049,080
Technical Sentiment Signal: Hold
Current Market Cap: SEK5.98B
For an in-depth examination of INTRUM stock, go to TipRanks’ Overview page.