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CIE Automotive ( (ES:CIE) ) has issued an announcement.
CIE Automotive has announced that its voluntary and partial public tender offer on its own shares is no longer subject to any conditions following approval by the general shareholders’ meeting. This development signifies a crucial step forward for the company, as the offer now awaits mandatory authorization from the National Securities Market Commission, potentially impacting its market operations and shareholder value.
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
CIE Automotive is a company operating in the automotive industry, focusing on manufacturing and providing a range of automotive components and services. The company is known for its market focus on innovation and efficiency in the automotive sector.
Average Trading Volume: 90,728
Technical Sentiment Signal: Buy
Current Market Cap: €2.84B
Learn more about CIE stock on TipRanks’ Stock Analysis page.