Evolution AB - The King of iGaming

Evolution has continued its share buybacks at the same pace as in recent weeks. I spotted this analysis on X:

"Previously, when Evolution has been heading towards a weaker report, buybacks have been suspended about 30–35 days before the report.

Now, there are only 19 days left until Q2, and the company continues to buy back shares at practically the maximum level — approximately 25% of the daily trading volume.

This leads me to believe that management feels significantly more comfortable regarding the upcoming report than market estimates would suggest."

38 Likes