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Codere Online Appoints New Director and Extends Share Repurchase Authorization

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Codere Online Appoints New Director and Extends Share Repurchase Authorization

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The latest update is out from Codere Online ( (CDRO) ).

On December 1, 2025, Codere Online Luxembourg, S.A. held an extraordinary shareholders’ meeting where two key resolutions were approved. The company appointed Mr. Oscar Iglesias to its Board of Directors and extended the authorization for its board to repurchase up to one million ordinary shares on the Nasdaq Stock Market until December 31, 2026. These decisions are expected to strengthen the company’s governance and provide flexibility in managing its share capital, potentially impacting its market positioning and shareholder value.

The most recent analyst rating on (CDRO) stock is a Buy with a $14.00 price target. To see the full list of analyst forecasts on Codere Online stock, see the CDRO Stock Forecast page.

Spark’s Take on CDRO Stock

According to Spark, TipRanks’ AI Analyst, CDRO is a Neutral.

Codere Online’s overall stock score reflects a stable financial position with strong cash reserves and positive earnings call insights. However, high valuation metrics and technical indicators suggest caution. External challenges in key markets also pose risks.

To see Spark’s full report on CDRO stock, click here.

More about Codere Online

Codere Online Luxembourg, S.A. operates in the online gaming industry, providing digital gaming and betting services. The company is focused on expanding its presence in the online gaming market, leveraging its platform to offer a variety of gaming options to its users.

Average Trading Volume: 57,486

Technical Sentiment Signal: Buy

Current Market Cap: $325.9M

For detailed information about CDRO stock, go to TipRanks’ Stock Analysis page.

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