Magis Continues Modest Treasury Share Buyback on EGM

An announcement from MAGIS S.p.A. ( (IT:MGS) ) is now available.

Magis S.p.A. has continued its treasury share buyback programme, acquiring 300 shares between 10 and 16 March 2026 at a weighted average price of about €9.9 per share, for a total outlay of approximately €132.3. Following these purchases, conducted via Banca Akros in line with existing shareholder and board authorisations, the company now holds 29,778 treasury shares, representing about 0.51% of its share capital, a modest increase that marginally adjusts its capital structure and may support liquidity and capital management goals.

The transactions were executed in compliance with applicable regulations and through the EMARKET systems used by Magis for the dissemination and storage of regulated information. While the volume involved is relatively small in relation to overall capital, the ongoing buyback signals continued implementation of the company’s authorised share repurchase strategy, which can influence share liquidity, support the stock in the market and provide flexibility for future corporate or incentive plans.

More about MAGIS S.p.A.

Magis S.p.A., based in Cerreto Guidi in Tuscany and founded in 1983, is a leader in customized adhesive tapes and closure systems for baby and adult body-care, listed on the EGM market of Borsa Italiana under the ticker MGS. The company is known for its pioneering use of hot-melt coating on polypropylene, innovative protected printing techniques, high-quality color reproduction and strong focus on environmental sustainability and flexible, market-driven research.

Average Trading Volume: 3,612

Technical Sentiment Signal: Hold

Current Market Cap: €60.94M

Learn more about MGS stock on TipRanks’ Stock Analysis page.