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ELES Semiconductor Engages in Share Buyback Strategy

ELES Semiconductor Engages in Share Buyback Strategy

ELES Semiconductor Equipment SpA (IT:ELES) has released an update.

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ELES Semiconductor Equipment SpA has announced the purchase of 25,000 of its own shares, making up 0.14% of its share capital, as part of a buyback program. The shares were acquired at an average price of €1.47 each, totaling €36,835. This move aligns with ELES’ strategy to strengthen its position in the semiconductor testing industry, which serves automotive and mission-critical applications.

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

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