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MAGIS S.p.A. ( (IT:MGS) ) has provided an update.
Magis S.p.A., a Tuscan producer of customized adhesive tapes and closure systems for hygiene applications, has built its competitive edge on advanced coating and printing technologies that enable high-impact customization and sustainable solutions for global personal care manufacturers. Its long-standing innovation track record and listing on Euronext Growth Milan position it as a niche technology leader in the baby and adult body care supply chain.
The company has continued to implement its share buy-back program, acquiring 1,184 treasury shares between 3 and 9 March 2026 at a weighted average price of about €9.91, for a total outlay of €11,732.40. Following these purchases, Magis holds 29,478 treasury shares, equal to 0.51% of its share capital, a move that can support share liquidity management and signal confidence in the company’s prospects to investors on the EGM market.
More about MAGIS S.p.A.
Magis S.p.A., based in Cerreto Guidi in Tuscany, is a specialist manufacturer of customized adhesive tapes and closure systems for baby and adult body care products, listed on the EGM market of Borsa Italiana. Founded in 1983, the company is known for innovation in hot-melt coating and protected printing on polypropylene, combining high-quality, customizable printing with a focus on environmental sustainability and flexible, market-driven research.
Average Trading Volume: 3,775
Technical Sentiment Signal: Hold
Current Market Cap: €61.56M
For an in-depth examination of MGS stock, go to TipRanks’ Overview page.