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Circle SpA ( (IT:CIRC) ) has shared an announcement.
Circle S.p.A., a leader in digitalization solutions for logistics, has announced the purchase of 2,640 of its own shares on the Euronext Growth Milan market, valued at 18,077 euros. This buy-back is part of a broader strategy authorized by the Shareholders’ Meeting, aimed at enhancing shareholder value and optimizing capital structure. The move reinforces Circle’s commitment to maintaining a strong market position and could have implications for its financial strategies and stakeholder interests.
The most recent analyst rating on (IT:CIRC) stock is a Buy with a EUR10.50 price target. To see the full list of analyst forecasts on Circle SpA stock, see the IT:CIRC Stock Forecast page.
More about Circle SpA
Founded in Genoa in 2012, Circle S.p.A. is an innovative SME leading the CIRCLE Group, which specializes in the analysis and development of products for innovation and digitalization in the port and intermodal logistics sectors. The company also offers international consultancy on Green Deal and energy transition issues. Circle Group includes several software and consulting companies and provides a range of solutions such as Milos® suites, Extended Port Community System, MasterSPED®, and Milos® Global Supply Chain Visibility solutions, among others.
Average Trading Volume: 8,611
Technical Sentiment Signal: Sell
Current Market Cap: €32.79M
For an in-depth examination of CIRC stock, go to TipRanks’ Stock Analysis page.