Magis Continues Share Buyback, Lifts Treasury Stake to 0.53%

The latest update is out from MAGIS S.p.A. ( (IT:MGS) ).

Magis S.p.A., a Tuscan producer of customized adhesive tapes and closure systems for body-care, has built its reputation on advanced coating and printing technologies that allow extensive product personalization. The company targets body-care markets for both children and adults and emphasizes sustainable processes and stringent quality standards.

The company has continued its share buyback program, purchasing 294 treasury shares between 7 and 13 April 2026 at an average price of €9.70, for a total of €2,851.80. Following these transactions, Magis now holds 30,804 treasury shares, representing 0.53% of its share capital, underscoring an active capital management strategy that may signal confidence in the company’s value to investors.

More about MAGIS S.p.A.

Magis S.p.A., based in Cerreto Guidi in Tuscany, is a leader in customized adhesive tapes and closure systems for body-care products for children and adults. Founded in 1983, it has been an innovator in hot melt coating on polypropylene and protected printing technologies, and focuses on high-quality, highly customizable solutions with strong attention to environmental sustainability.

Average Trading Volume: 2,591

Technical Sentiment Signal: Sell

Current Market Cap: €58.45M

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