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The latest announcement is out from Cellularline SpA ( (IT:CELL) ).
Cellularline S.p.A. disclosed the acquisition of 33,116 treasury shares between January 13 and January 17, 2025, as part of a buy-back program authorized by the Shareholders’ Meeting in November 2023. The purchase, executed by Intesa Sanpaolo, reflects the company’s effort to optimize capital structure, potentially enhancing shareholder value and reflecting confidence in its operational strategy.
More about Cellularline SpA
Cellularline S.p.A., established in Reggio Emilia in 1990, is a prominent player in the smartphone and tablet accessories industry. The company, alongside its various brands, is known for its innovative and high-performance multimedia device accessories, providing a unique user experience. Cellularline products are available in over 60 countries and the company employs around 300 people.
YTD Price Performance: 9.48%
Average Trading Volume: 24,071
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €56.1M
See more insights into CELL stock on TipRanks’ Stock Analysis page.
