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Eurocell Executes Share Buyback, Adjusting Issued Share Capital

Story Highlights
  • Eurocell plc operates in the building materials industry, focusing on UPVC products.
  • Eurocell bought back 10,728 shares, affecting its issued share capital and voting rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Eurocell Executes Share Buyback, Adjusting Issued Share Capital

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The latest announcement is out from Eurocell ( (GB:ECEL) ).

Eurocell plc has executed a share buyback program, purchasing 10,728 of its ordinary shares at a consistent price of 131.38 pence per share. This transaction, conducted through Berenberg on the London Stock Exchange, results in the company having an issued share capital of 100,429,807 shares, which will be used by shareholders to determine their interests under regulatory rules.

The most recent analyst rating on (GB:ECEL) stock is a Hold with a £138.00 price target. To see the full list of analyst forecasts on Eurocell stock, see the GB:ECEL Stock Forecast page.

Spark’s Take on GB:ECEL Stock

According to Spark, TipRanks’ AI Analyst, GB:ECEL is a Neutral.

Eurocell’s overall score is driven by operational efficiency and stable cash flow, but is tempered by bearish technical indicators and a cautious earnings outlook. The company’s valuation is moderate, with some income potential from dividends. Strategic efforts to boost revenue and manage debt will be crucial for future performance.

To see Spark’s full report on GB:ECEL stock, click here.

More about Eurocell

Eurocell plc operates in the building materials industry, primarily focusing on the manufacturing and distribution of UPVC products, including windows, doors, and conservatories. The company is positioned in the UK market, catering to both residential and commercial sectors.

Average Trading Volume: 192,903

Technical Sentiment Signal: Sell

Current Market Cap: £130.6M

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

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