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Eurocell Executes Share Buyback, Adjusts Issued Capital

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Eurocell Executes Share Buyback, Adjusts Issued Capital

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

Eurocell plc, a company listed on the London Stock Exchange, has repurchased 16,616 of its ordinary shares at a price of 130 pence per share. This transaction, executed through Berenberg, is part of the company’s Share Buyback Programme. Following this purchase, Eurocell’s issued share capital will consist of 100,070,496 shares, which is also the total number of voting rights. This move is in line with regulatory requirements and may impact shareholder calculations regarding their interests in the company.

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 stock score reflects a mix of operational efficiency and challenges in revenue growth and market conditions. The company’s strategic acquisitions and cost management are positive, but technical indicators and a cautious earnings outlook suggest potential risks.

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

More about Eurocell

Average Trading Volume: 151,070

Technical Sentiment Signal: Sell

Current Market Cap: £129.1M

See more insights into ECEL stock on TipRanks’ Stock Analysis page.

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