Added to YB: 2026-05-22
Pitch date: 2026-05-20
EVO.ST [bullish]
Evolution AB (publ)
-2.33%
current return
Author Info
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Company Info
Evolution AB (publ) develops, produces, markets, and licenses live casino and slots solutions to gaming operators in Europe, Asia, North America, Latin America, and internationally.
Market Cap
SEK 13.1B
Pitch Price
SEK 713.60
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.49
P/E
12.54
EV/Sales
5.88
Sector
Hotels, Restaurants and Leisure
Category
value
Evolution Finally Did It: Evolution Gaming Announces Massive Buyback Program
EVO.ST (new position): $2B buyback (16.5% shares, 2x expected, largest in Swedish history) funded w/ cash + FCF, no debt. Trades 12x P/E pricing zero growth. Buyback boosts EPS, dividend/share via reduced float (45% held by founders/Dart). Game piracy & ring-fencing risks fading. Mgmt confidence signal.
Read full article (2 min)