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ELES Semiconductor Enhances Shareholder Value with Buyback

ELES Semiconductor Enhances Shareholder Value with Buyback

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

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ELES Semiconductor Equipment SpA has announced the purchase of 35,000 ordinary shares as part of its ongoing share buyback plan, representing 0.20% of the company’s share capital. The shares were acquired at an average price of €1.43 each, totaling €50,185, through MIT SIM S.p.A. This buyback effort is part of ELES’s strategy to enhance shareholder value while continuing to expand its market presence.

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

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