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Celebrus Technologies Launches Share Buyback Programme

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Celebrus Technologies Launches Share Buyback Programme

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An update from D4t4 Solutions ( (GB:CLBS) ) is now available.

Celebrus Technologies plc has announced the launch of a new share buyback programme, aiming to repurchase up to 500,000 ordinary shares. This initiative, managed by Cavendish, is set to run until October 2025 and is intended to hold purchased shares in treasury for future obligations. The buyback could significantly impact daily trading volumes due to limited liquidity, and the company will continue the programme subject to shareholder approval at the upcoming AGM.

The most recent analyst rating on (GB:CLBS) stock is a Buy with a £475.00 price target. To see the full list of analyst forecasts on D4t4 Solutions 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.

D4t4 Solutions demonstrates strong financial health, particularly in cash flow, and maintains a stable balance sheet. However, technical analysis indicates bearish market sentiment and oversold conditions. Valuation is reasonable but not compelling enough to counteract the negative technical signals.

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

More about D4t4 Solutions

Celebrus Technologies plc is a global leader in enhancing marketing effectiveness and fraud prevention across various industries. The company focuses on improving brand-consumer relationships through advanced data management, digital identity solutions, and frictionless data capture, ensuring compliance and usability of digital data.

Average Trading Volume: 51,551

Technical Sentiment Signal: Sell

Current Market Cap: £58.62M

For an in-depth examination of CLBS stock, go to TipRanks’ Overview page.

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