Celebrus Technologies Buys Back Shares, Updates Voting Rights

Celebrus Technologies ( (GB:CLBS) ) has shared an announcement.

Celebrus Technologies plc has repurchased 31,746 of its own ordinary shares at a price of 126 pence per share, with the shares to be held in treasury, as part of its ongoing capital management strategy. Following this transaction, the company now has 40,431,453 shares in issue, of which 1,295,506 are held in treasury, resulting in total voting rights of 39,135,947, a figure shareholders should use when assessing disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:CLBS) stock is a Hold with a £156.00 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 GB:CLBS Stock

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

Celebrus Technologies’ strong profitability and solid balance sheet are offset by revenue decline and negative cash flow trends. The stock’s technical indicators suggest a bearish trend, while valuation metrics are reasonable. The earnings call provides a balanced outlook with growth in ARR and a strong cash position, but challenges remain with revenue recognition and reported losses.

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

More about Celebrus Technologies

Celebrus Technologies plc is a UK-based data technology company listed on AIM that helps brands improve customer relationships through its Celebrus first-party data product suite. Serving financial services, retail, travel, healthcare, and telecom clients in more than 27 countries, it captures and activates real-time behavioural data, supports fraud prevention through behavioural biometrics, and delivers its platform via Celebrus Cloud, with operations in the UK, USA, and India.

Average Trading Volume: 113,412

Technical Sentiment Signal: Sell

Current Market Cap: £48.57M

For a thorough assessment of CLBS stock, go to TipRanks’ Stock Analysis page.