Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
An update from Actividades de Construccion y Servicios SA ( (ES:ACS) ) is now available.
ACS has announced a modification to its share buyback program, which includes the amortization of 1,378,681 shares following a variable dividend execution. The program allows for the acquisition of up to 17,800,000 shares, representing approximately 6.552% of ACS’s share capital, with a maximum investment of 979 million euros, and is set to continue until July 31, 2025. This strategic move is likely to impact the company’s capital structure and shareholder value, reflecting ACS’s ongoing commitment to optimizing its financial operations.
More about Actividades de Construccion y Servicios SA
ACS Actividades de Construcción y Servicios S.A. (ACS) operates in the construction and services industry, focusing on infrastructure development and management. The company is a significant player in the global market, providing a range of construction services and solutions.
YTD Price Performance: 7.40%
Average Trading Volume: 39,939
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €13.42B
For detailed information about ACS stock, go to TipRanks’ Stock Analysis page.