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The latest update is out from Trelleborg AB ( ($SE:TREL.B) ).
Trelleborg AB announced the repurchase of 114,500 series B shares as part of its ongoing buyback program aimed at optimizing the company’s capital structure and enhancing shareholder value. This initiative, which aligns with the Market Abuse Regulation and the Safe Harbour Regulation, is part of a larger plan to buy back up to 7.5 million shares by April 2026. The repurchased shares are intended to be canceled in future Annual General Meetings, except those allocated for the Performance Share Program 2025/2027.
The most recent analyst rating on ($SE:TREL.B) stock is a Hold with a SEK382.00 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 extensive materials and applications expertise. The company operates in three main business areas: Trelleborg Industrial Solutions, Trelleborg Medical Solutions, and Trelleborg Sealing Solutions. With operations in around 40 countries, Trelleborg reported annual sales of approximately SEK 34 billion in 2024. The company’s shares are listed on Nasdaq Stockholm, Large Cap.
YTD Price Performance: -4.79%
Average Trading Volume: 308,903
Technical Sentiment Signal: Sell
Current Market Cap: SEK77.86B
For a thorough assessment of TREL.B stock, go to TipRanks’ Stock Analysis page.