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CIE Automotive ( (ES:CIE) ) has shared an announcement.
CIE Automotive has announced that its board of directors, represented by proprietary directors, will not accept the company’s voluntary and partial public acquisition offer of its own shares. This decision, communicated to the National Securities Market Commission, indicates a strategic move that could impact shareholder interests and the company’s market positioning.
The most recent analyst rating on (ES:CIE) stock is a Buy with a EUR30.00 price target. To see the full list of analyst forecasts on CIE Automotive stock, see the ES:CIE Stock Forecast page.
More about CIE Automotive
Average Trading Volume: 83,015
Technical Sentiment Signal: Buy
Current Market Cap: €2.87B
Find detailed analytics on CIE stock on TipRanks’ Stock Analysis page.