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The latest announcement is out from Cerillion ( (GB:CER) ).
Cerillion plc has announced the purchase of 33,084 of its own ordinary shares, which will be held in treasury to fulfill future options under the company’s Long Term Incentive Plan for senior managers. This move represents 0.1% of the voting rights of the total ordinary shares in issue before the purchase, and it affects how shareholders calculate their interest in the company under the Financial Conduct Authority’s rules.
More about Cerillion
Cerillion is a software solutions provider specializing in billing, charging, and customer relationship management, primarily serving the telecommunications sector, with additional clientele in utilities and financial services. With a history spanning 25 years, Cerillion has approximately 80 customer installations across around 45 countries and has operations in London, India, and Bulgaria, as well as sales offices in Australia, Belgium, Singapore, and the USA.
YTD Price Performance: -8.57%
Average Trading Volume: 40,868
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £466.8M
For detailed information about CER stock, go to TipRanks’ Stock Analysis page.