$SBBTF

Vend Marketplaces ASA reported Q3 2026 EBITDA up 11%, with CEO Christian highlighting investments in recommerce in Norway. CFO PC noted raised 2026 cost savings targets to $250 million due to accelerated initiatives. The 40% OpEx-to-sales target for 2027 remains a medium-term ambition. Adevinta will now report quarterly. Mobility Sweden and Denmark faced challenges, but recovery is expected. Blockit saw private car listings down 5% in September. The company is focusing on AI and agentic future.

Pareto Securities reduced its price target for Vend Marketplaces to NOK 305 from NOK 370, while maintaining a 'buy' rating. The company's stock has seen a 5-day change of +2.60%, a 1st Jan change of -6.75%, and a year-to-date decline of -30.93%.

Vend Marketplaces ASA said it is repurchasing its own shares under a buyback announced 30 April 2026. The first tranche runs until 30 Oct 2026, with up to NOK 2 billion. From 27-31 July 2026, Vend bought 560,000 shares at NOK 237.6032 average, for NOK 133.1 million. Total under the programme is 8,049,000 shares, about NOK 1.96 billion.