VEF AB ( (SE:VEFAB) ) just unveiled an update.
VEF AB has repurchased 1,300,000 ordinary shares between April 22 and April 25, 2025, as part of a buyback program initiated by the Board of Directors. This program, which allows for the repurchase of up to 5% of VEF’s outstanding shares, aims to enhance shareholder value and is set to expire on May 13, 2025. The buybacks were executed on Nasdaq Stockholm by Carnegie Investment Bank AB, and as a result, VEF now holds 1,912,000 repurchased shares.
More about VEF AB
VEF AB is an investment company based in Sweden, focusing on growth-stage private fintech companies. They invest in emerging markets, taking minority stakes and actively participating in their portfolio companies’ boards. Their investments cover various financial services, including payments, credit, mobile money, and wealth advisory.
YTD Price Performance: -9.27%
Average Trading Volume: 2,677,856
Current Market Cap: SEK2.08B
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