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Inmobiliaria Colonial Launches Share Buyback Program

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An announcement from Inmobiliaria Colonial ( (ES:COL) ) is now available.

Inmobiliaria Colonial, SOCIMI, S.A. has announced the initiation of a share buyback program, authorized by its shareholders in June 2022. The program aims to fulfill obligations related to long-term incentive plans, with a maximum allocation of 25 million euros to acquire up to 4.5 million shares, representing 0.72% of the company’s share capital. The program is managed by Banco de Sabadell, S.A. and is set to conclude by June 30, 2025, unless completed earlier.

More about Inmobiliaria Colonial

YTD Price Performance: 0.10%

Average Trading Volume: 115,011

Technical Sentiment Signal: Strong Buy

Current Market Cap: €3.12B

For detailed information about COL stock, go to TipRanks’ Stock Analysis page.

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