1Sem.·

NN continues to buy up stock

$NN (-1,05 %) is reserving 300M a year to keep buying up it's own stock. They want to realize a working capital of 2.2B in 2028 (up from 1.9B in 2024). Also aiming for a free cashflow of more than 1.8B (up from 1.6B this year). With the use of AI and it's Future-Ready program they aim to realize an additional 200M extra revenue.


They also want to continue their "progressive dividend policy".


Share is currently close to alltime high, but $NN (-1,05 %) might still consider it undervalued. Curious to see what this is going to do with the share price.


P.s. dividends arrived today.

27.05
NN Group logo
Reçu x16 dividendes à 2,16 €
34,56 €
11
5 Commentaires

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Have 110 shares and are very pleased with this position that has been built in the last 3 years. Bought on the ex div date and plan to do that again when the next payment comes in the summer.
3
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@ColdzeroNL I also intend to increase my position in the following months.
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I discovered this stock a few months ago and it is now the 2nd insurer in my portfolio alongside Allianz, NN Group runs a savings plan
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@Dividendenflowmit60 I don't have ASRNL (it won't give me the right ticker) personally, but you should take a look
NN is a strong company and also well progressing with AI initiatives to increase efficiency. Also received my dividends today 😁.
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