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Cresud Advances in Share Buyback Program with Major Repurchase
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Cresud Advances in Share Buyback Program with Major Repurchase

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Invest with Confidence:

Cresud Sociedad ( (CRESY) ) has issued an update.

Cresud Sociedad Anónima has repurchased a significant portion of its common shares, acquiring 400,000 shares at a total cost of ARS 589,860,005. This acquisition represents about 89.52% of the company’s approved buyback program, indicating a strategic effort to consolidate its shareholdings and potentially increase shareholder value.

More about Cresud Sociedad

Cresud Sociedad Anónima is an Argentine company involved in commercial, real estate, financial, and agricultural sectors. It operates primarily in agriculture, managing and developing farmlands, and is listed on NASDAQ and BYMA exchanges.

YTD Price Performance: 57.54%

Average Trading Volume: 223,439

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $882.2M

See more data about CRESY stock on TipRanks’ Stock Analysis page.

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