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The latest update is out from Trelleborg AB ( ($SE:TREL.B) ).
Trelleborg AB has repurchased 117,000 series B shares as part of a buyback program aimed at adjusting the company’s capital structure and enhancing shareholder value. The program, which allows for the repurchase of up to 7.5 million shares, is conducted under EU regulations and is expected to impact the company’s financial strategy and shareholder returns.
The most recent analyst rating on ($SE:TREL.B) stock is a Buy with a SEK405.00 price target. To see the full list of analyst forecasts on Trelleborg AB stock, see the SE:TREL.B Stock Forecast page.
More about Trelleborg AB
Trelleborg is a global leader in engineered polymer solutions, leveraging materials and applications expertise to offer a diverse portfolio for complex applications. With operations in around 40 countries, the company reported annual sales of approximately SEK 34 billion in 2024. It comprises three business areas: Trelleborg Industrial Solutions, Trelleborg Medical Solutions, and Trelleborg Sealing Solutions. Trelleborg shares are listed on Nasdaq Stockholm, Large Cap.
YTD Price Performance: -3.22%
Average Trading Volume: 301,880
Technical Sentiment Signal: Hold
Current Market Cap: SEK79.15B
For detailed information about TREL.B stock, go to TipRanks’ Stock Analysis page.