Hemnet bought back 233,610 shares last week
The shares were acquired on Nasdaq Stockholm as part of a buyback program worth up to 600 million SEK aimed at adjusting the capital structure.
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Swedish residential property marketplace
hemnetgroup.seLast updated
In short: Hemnet appointed Henrik Lönnevi as chairman, paused its share buyback program, and integrated AI tools to offset revenue shifts.
The shares were acquired on Nasdaq Stockholm as part of a buyback program worth up to 600 million SEK aimed at adjusting the capital structure.
Net turnover decreased by 17% to 90.4 million SEK. The new model Sell first, pay later negatively affects comparative figures.
Major owners propose Henrik Lönnevi as new chairman and seven members. Four current members resign.
Net revenue increased 9.5 percent to SEK 1.5 billion, adjusted EBITDA reached SEK 768 million, and ARPL increased 28.1 percent.
Today's stock tips include new recommendations for Hemnet Group and Wihlborgs Fastigheter, while several companies have adjusted target prices. Here are the latest tips in...
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After the stock market closed, Hemnet, under pressure on its share price, paused its ongoing buyback program with reference to "financial flexibility". Already that same evening, it glances...
Shares of Hemnet Group AB – Unsponsored ADR (OTCMKTS:HMNTY – Get Free Report) fell 5% during trading on Thursday . The company traded as low...
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