An announcement from Cellnex Telecom SA ( (ES:CLNX) ) is now available.
Cellnex Telecom SA has announced the execution of a share buyback program, purchasing a total of 2,856,200 shares at a weighted average price of 32.82 Euros between March 10 and March 14, 2025. This move, managed by Citigroup Global Markets Europe AG and Goldman Sachs Bank Europe SE, is part of a strategic initiative to enhance shareholder value and reflects the company’s confidence in its market position and future growth prospects.
More about Cellnex Telecom SA
Cellnex Telecom SA operates in the telecommunications industry, primarily focusing on wireless telecommunications infrastructure and services. The company is a key player in the European market, providing services to mobile network operators and other wireless communication providers.
YTD Price Performance: 9.80%
Average Trading Volume: 2,346
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $24.71B
See more data about CLNX stock on TipRanks’ Stock Analysis page.