tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Eurocell Executes Share Buyback, Adjusts Issued Share Capital

Story Highlights
  • Eurocell plc purchased 12,671 ordinary shares at 119 pence each as part of a share buyback.
  • The transaction adjusts Eurocell’s issued share capital to 99,945,416 shares, affecting shareholder interest calculations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Eurocell Executes Share Buyback, Adjusts Issued Share Capital

TipRanks Black Friday Sale

An update from Eurocell ( (GB:ECEL) ) is now available.

Eurocell plc, a company listed on the London Stock Exchange, announced a share buyback transaction where it purchased 12,671 of its ordinary shares at a price of 119 pence each. This transaction is part of the company’s Share Buyback Programme, and following the purchase, Eurocell’s issued share capital consists of 99,945,416 shares, which is also the total number of voting rights in the company. This move may impact shareholder calculations regarding their interests under the Financial Conduct Authority’s Disclosure and Transparency 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 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: 156,738

Technical Sentiment Signal: Sell

Current Market Cap: £118.4M

For an in-depth examination of ECEL stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport 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