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NOTE AB Reduces Share Capital Through Share Cancellation

Story Highlights

NOTE AB ( (SE:NOTE) ) has issued an announcement.

NOTE AB has reduced its number of shares and votes following a resolution passed at the Annual General Meeting to cancel its own shares. This reduction, now registered with the Swedish Companies Registration Office and Euroclear Sweden AB, results in a total of 28,483,600 shares and votes, with no shares held by the company itself. This move could potentially streamline the company’s operations and impact its market positioning by consolidating its share structure.

More about NOTE AB

NOTE AB is a competitive EMS provider specializing in the production of PCBAs, subassemblies, and box build products. The company focuses on delivering high-end manufacturing, custom logistics solutions, and consulting services to large corporations primarily in northern Europe and globally. NOTE operates in Sweden, Finland, the UK, Estonia, Bulgaria, and China, with sales totaling SEK 3,849 million over the past year and a workforce of approximately 1,450 employees. It is listed on Nasdaq Stockholm.

Average Trading Volume: 77,111

Current Market Cap: SEK4.78B

Find detailed analytics on NOTE stock on TipRanks’ Stock Analysis page.

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