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VEF AB ( (SE:VEFAB) ) has issued an announcement.
VEF AB has repurchased 360,000 ordinary shares as part of its buyback program, which aims to repurchase up to 10% of its outstanding shares. This move, executed on Nasdaq Stockholm by Carnegie Investment Bank, reflects VEF’s strategic financial management and could impact its market positioning and shareholder value.
More about VEF AB
VEF AB is an investment company based in Sweden, focusing on growth-stage private fintech companies. It takes minority stakes and actively participates in board representation, targeting emerging markets across various financial services sectors such as payments, credit, mobile money, and wealth advisory. VEF is listed on Nasdaq Stockholm’s Main Market under the ticker VEFAB.
Average Trading Volume: 1,056,874
Technical Sentiment Signal: Hold
Current Market Cap: SEK2.16B
Learn more about VEFAB stock on TipRanks’ Stock Analysis page.