tiprankstipranks

Cellularline S.p.A. Acquires Treasury Shares as Part of Strategic Buy-Back Program

Story Highlights
Cellularline S.p.A. Acquires Treasury Shares as Part of Strategic Buy-Back Program

Confident Investing Starts Here:

The latest announcement is out from Cellularline SpA ( (IT:CELL) ).

Cellularline S.p.A. announced the purchase of 65,030 ordinary treasury shares between May 26 and May 30, 2025, at an average price of Euro 2.87537, totaling Euro 186,985.28. This buy-back program, executed through Intesa Sanpaolo, is part of an authorization from the April 2025 Shareholders’ Meeting, and as of now, Cellularline holds 3.50381% of its share capital in treasury shares. This move reflects the company’s strategic financial management and could impact its market positioning and shareholder value.

The most recent analyst rating on (IT:CELL) stock is a Buy with a EUR5.50 price target. To see the full list of analyst forecasts on Cellularline SpA stock, see the IT:CELL Stock Forecast page.

More about Cellularline SpA

Cellularline S.p.A., established in Reggio Emilia in 1990, is a leader in the smartphone and tablet accessories sector. The company, along with its various brands, is at the forefront of technological and creative innovation in multimedia device accessories, offering products known for their performance and user experience. Cellularline’s products are distributed in over 60 countries, and the company employs 300 people.

Average Trading Volume: 40,450

Technical Sentiment Signal: Buy

Current Market Cap: €65.18M

Learn more about CELL stock on 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