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CIE Automotive Seeks Authorization for Share Acquisition Offer

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CIE Automotive Seeks Authorization for Share Acquisition Offer

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CIE Automotive ( (ES:CIE) ) has provided an update.

CIE Automotive, S.A. has announced the submission of a request for authorization to the National Securities Market Commission for a voluntary partial public offer to acquire its own shares. The company has confirmed that there are no changes in the terms and characteristics of the offer as previously announced, and further details will be provided in an explanatory prospectus upon receiving the necessary authorization.

More about CIE Automotive

YTD Price Performance: -11.09%

Average Trading Volume: 820

Technical Sentiment Signal: Strong Buy

Current Market Cap: €2.57B

For an in-depth examination of CIE stock, go to TipRanks’ Stock Analysis page.

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