7C Solarparken ( (DE:HRPK) ) has issued an update.
7C Solarparken AG has announced a share repurchase program, intending to buy back up to 4,545,454 shares at a maximum price of EUR 2.20 per share, with a total expenditure not exceeding EUR 10 million. This strategic move, approved by the supervisory board, aims to optimize the company’s capital structure and potentially enhance shareholder value, with the flexibility to adjust or terminate the program as needed.
More about 7C Solarparken
7C Solarparken AG operates in the renewable energy sector, focusing primarily on the development and management of solar power plants. The company is involved in the production and distribution of solar energy, catering to the growing demand for sustainable energy solutions.
YTD Price Performance: 10.0%
Average Trading Volume: 3,291
Technical Sentiment Signal: Buy
Current Market Cap: €171.9M
For detailed information about HRPK stock, go to TipRanks’ Stock Analysis page.