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Ecomembrane S.p.A. Initiates Share Buyback Program

Ecomembrane S.p.A. Initiates Share Buyback Program

Ecomembrane S.P.A. (IT:ECMB) has released an update.

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Ecomembrane S.p.A. has purchased 1,600 of its own shares on the EGM segment of Borsa Italiana, amounting to 0.04% of its share capital, as part of a buyback program. The shares were acquired for a total value of €7,332, at an average price of €4.58 each. This move is part of Ecomembrane’s strategic plan to manage its capital structure effectively.

For further insights into IT:ECMB stock, check out TipRanks’ Stock Analysis page.

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