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Celebrus Technologies ( (GB:CLBS) ) has shared an update.
Celebrus Technologies has repurchased 31,988 of its own ordinary shares at a volume-weighted average price of 85.87 pence per share, with the shares to be held in treasury. Following this transaction, the company has 40,431,453 ordinary shares in issue, of which 1,792,630 are held in treasury, resulting in total voting rights of 38,638,823 for shareholder notification purposes under FCA rules.
The adjustment to Celebrus Technologies’ share capital and voting rights streamlines its capital structure and provides updated reference figures for investors tracking their disclosure obligations. The move may be seen as a signal of confidence by the company in its valuation while modestly concentrating existing shareholders’ relative stakes through the reduction in free-float voting shares.
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 plc is a data technology company that helps brands improve customer relationships through its Celebrus first-party data product suite. Serving financial services, retail, travel, healthcare, and telecommunications clients in more than 27 countries, the group captures and activates real-time behavioural data, supports fraud prevention, and offers the Celebrus Cloud platform, operating from offices in the UK, USA, and India.
Average Trading Volume: 198,447
Technical Sentiment Signal: Sell
Current Market Cap: £33.47M
Find detailed analytics on CLBS stock on TipRanks’ Stock Analysis page.