OM:CASTReal Estate
Castellum (OM:CAST) Could Be 4% Overvalued After Property Sales And Buyback Plan
Castellum (OM:CAST) is back in focus after agreeing to sell two Stockholm office properties for SEK 5.0b, while also outlining plans to return a large portion of disposal proceeds to shareholders through buybacks.
See our latest analysis for Castellum.
The property disposals and planned buybacks come after a period of strong momentum for Castellum, with the share price up 26.23% year to date and a 3 year total shareholder return of 30.38%, while the latest close is SEK133.05.
If this kind of...