Celebrus adjusts voting rights after latest share buyback

Celebrus Technologies ( (GB:CLBS) ) has provided an update.

Celebrus Technologies has repurchased 20,171 of its own ordinary shares at a volume-weighted average price of 85.89 pence per share, with the stock to be held in treasury. Following this transaction, the company now has 40,431,453 shares in issue, of which 1,760,642 are held in treasury, leaving 38,670,811 shares carrying voting rights for the purposes of regulatory disclosure thresholds.

The updated share count and voting rights figure will guide investors in determining whether they must report holdings or changes under the UK’s disclosure and transparency regime. The buyback marginally reduces the free float and may signal management’s confidence in the company’s valuation while fine-tuning its capital structure and treasury share position.

The most recent analyst rating on (GB:CLBS) stock is a Buy with a £280.00 price target. To see the full list of analyst forecasts on Celebrus Technologies stock, see the GB:CLBS Stock Forecast page.

Spark’s Take on CLBS Stock

According to Spark, TipRanks’ AI Analyst, CLBS is a Neutral.

The score is held back primarily by very weak technical momentum and concerning cash flow trends, despite solid profitability metrics, low leverage, and a balanced earnings update supported by ARR growth and strong cash.

To see Spark’s full report on CLBS stock, click here.

More about Celebrus Technologies

Celebrus Technologies is a data-focused technology company that helps brands improve customer relationships through its Celebrus first-party data product suite. Serving financial services, retail, travel, healthcare, and telecom clients in over 27 countries, it captures and activates real-time behavioural data, supports fraud prevention, and offers the Celebrus Cloud platform, operating from offices in the UK, US, and India with ISO27001-compliant data privacy standards.

Average Trading Volume: 199,226

Technical Sentiment Signal: Sell

Current Market Cap: £33.52M

Learn more about CLBS stock on TipRanks’ Stock Analysis page.