tiprankstipranks
Trending News
More News >

ELES Semiconductor Engages in Share Buyback Strategy

ELES Semiconductor Engages in Share Buyback Strategy

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

Confident Investing Starts Here:

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.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1