VEF AB ( (SE:VEFAB) ) has provided an announcement.
VEF AB has repurchased 1,300,000 ordinary shares between April 22 and April 25, 2025, as part of a buyback program aimed at acquiring up to 5% of its outstanding shares. This initiative, executed by Carnegie Investment Bank AB, reflects VEF’s strategic efforts to optimize its capital structure and potentially enhance 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 financial services such as payments, credit, mobile money, and wealth advisory. VEF is listed on Nasdaq Stockholm’s Main Market.
YTD Price Performance: -9.27%
Average Trading Volume: 2,677,856
Current Market Cap: SEK2.08B
For an in-depth examination of VEFAB stock, go to TipRanks’ Stock Analysis page.