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Cellularline SpA ( (IT:CELL) ) has issued an update.
Cellularline S.p.A. announced the purchase of 22,587 ordinary treasury shares between January 27 and January 31, 2025, at an average price of Euro 2.67150, totaling Euro 60,341.16. The buy-back program, executed independently through Intesa Sanpaolo, is part of an authorisation by the Shareholders’ Meeting. Cellularline now holds 3.22117% of its share capital with voting rights. This strategic move aims to enhance shareholder value and strengthen the company’s position in the market.
More about Cellularline SpA
Cellularline S.p.A., founded in Reggio Emilia in 1990, is a leading company in the smartphone and tablet accessories sector. With its various brands, the Group is at the forefront of technological and creative innovation, offering products known for performance and user experience. Cellularline products are available in over 60 countries, and the company employs 300 individuals.
YTD Price Performance: 15.95%
Average Trading Volume: 29,160
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €59.41M
For detailed information about CELL stock, go to TipRanks’ Stock Analysis page.