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CaixaBank Continues Share Buyback Program for Strategic Market Positioning

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CaixaBank Continues Share Buyback Program for Strategic Market Positioning

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CAIXABANK ( (ES:CABK) ) has shared an announcement.

CaixaBank has announced the continuation of its share buyback program, revealing the purchase of approximately 4.7 million shares between January 31, 2025, and February 6, 2025. This strategic move, managed by Goldman Sachs Bank Europe SE, represents 75.95% of the maximum monetary amount allocated for the buyback, aiming to strengthen shareholder value and improve the company’s market position.

More about CAIXABANK

CaixaBank, S.A is a significant entity in the financial services industry, primarily focusing on banking products and services. It operates with a strong emphasis on leveraging market opportunities to enhance its financial positioning.

YTD Price Performance: 12.79%

Average Trading Volume: 1,525,361

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €42.26B

See more insights into CABK stock on TipRanks’ Stock Analysis page.

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