tiprankstipranks
Advertisement
Advertisement

Celebrus Technologies Updates Voting Rights After Share Buyback

Story Highlights
Celebrus Technologies Updates Voting Rights After Share Buyback

Claim 30% Off TipRanks

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

Celebrus Technologies plc has repurchased 44,004 ordinary shares at a volume-weighted average price of 90.90 pence per share, with the shares to be held in treasury. Following this transaction, the company now has 40,431,453 shares in issue, of which 1,562,794 are held in treasury, resulting in total voting rights of 38,868,659 for shareholders’ disclosure calculations.

The buyback modestly reduces the number of shares with voting rights, which can enhance earnings per share and consolidate existing shareholders’ relative stakes. The updated voting rights figure also provides a new reference point for investors to assess and report changes in their shareholdings under regulatory transparency rules.

The most recent analyst rating on (GB:CLBS) stock is a Hold with a £92.00 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 focused on helping brands improve customer relationships through its Celebrus first-party data product suite. Serving clients in financial services, retail, travel, healthcare, and telecommunications across more than 27 countries, it captures and activates real-time behavioural data, supports fraud prevention, and offers its capabilities via the Celebrus Cloud platform, with operations in the UK, US, and India and compliance with major data privacy regulations.

Average Trading Volume: 128,893

Technical Sentiment Signal: Sell

Current Market Cap: £35.65M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1