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Trelleborg AB ( ($SE:TREL.B) ) has provided an announcement.
Trelleborg AB has repurchased 117,000 series B shares as part of its ongoing buyback program aimed at optimizing the company’s capital structure and enhancing shareholder value. This initiative, which aligns with regulatory standards, is part of a larger plan to buy back up to 7.5 million shares, with the repurchased shares intended for cancellation or use in the company’s incentive program.
The most recent analyst rating on ($SE:TREL.B) stock is a Hold with a SEK395.00 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 deep materials and applications expertise to address complex challenges across various industries. The company operates in three main business areas: Trelleborg Industrial Solutions, Trelleborg Medical Solutions, and Trelleborg Sealing Solutions, with operations in around 40 countries and annual sales of approximately SEK 34 billion in 2024.
YTD Price Performance: -2.03%
Average Trading Volume: 294,463
Technical Sentiment Signal: Buy
Current Market Cap: SEK80.12B
See more data about TREL.B stock on TipRanks’ Stock Analysis page.