Cellnex Telecom Advances Share Buyback Program

Cellnex Telecom SA ( (ES:CLNX) ) has shared an announcement.

Cellnex Telecom S.A. has announced the execution of a share buyback program, purchasing a total of 1,135,920 shares between May 5 and May 8, 2025, at a weighted average price of 35.24 euros per share. This buyback is part of a larger program, with the company having acquired 23,626,533 shares to date, representing approximately 98% of the maximum investment amount announced earlier, indicating a strong commitment to returning value to shareholders and potentially enhancing its market position.

The most recent analyst rating on (ES:CLNX) stock is a Buy with a EUR41.00 price target. To see the full list of analyst forecasts on Cellnex Telecom SA stock, see the ES:CLNX Stock Forecast page.

More about Cellnex Telecom SA

Cellnex Telecom S.A. operates in the telecommunications infrastructure industry, primarily focusing on providing wireless telecommunications services. The company is known for managing and operating a network of telecommunications towers and sites across Europe, serving mobile network operators and other wireless service providers.

YTD Price Performance: 9.51%

Average Trading Volume: 1,527,614

Technical Sentiment Signal: Hold

Current Market Cap: €23.57B

See more data about CLNX stock on TipRanks’ Stock Analysis page.