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The latest announcement is out from Eurocell ( (GB:ECEL) ).
Eurocell has executed a share buyback program, purchasing 11,886 ordinary shares on the London Stock Exchange. The transaction, managed by Berenberg, resulted in a volume-weighted average price of 161.42 pence per share. Following this purchase, Eurocell’s treasury now holds 1,342,000 shares, with the total issued share capital being 101,599,466 shares, all of which carry voting rights. This buyback is part of Eurocell’s strategic maneuvering under the UK regulations to optimize capital structure and potentially enhance shareholder value.
More about Eurocell
YTD Price Performance: -7.60%
Average Trading Volume: 239,166
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £164.6M
For a thorough assessment of ECEL stock, go to TipRanks’ Stock Analysis page.
