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Magis Continues Treasury Share Buyback, Holds 0.34% of Share Capital

Story Highlights
  • Magis extended its treasury share buyback, acquiring 382 shares for about €3,981.
  • The company now holds 19,648 treasury shares, or 0.34% of its share capital, aiding capital management.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Magis Continues Treasury Share Buyback, Holds 0.34% of Share Capital

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MAGIS S.p.A. ( (IT:MGS) ) has shared an update.

Magis S.p.A. has continued its share buyback programme, purchasing 382 treasury shares between 29 January and 2 February 2026 at a weighted average price of about €10.42 per share, for a total outlay of €3,981. Following these transactions, the company now holds 19,648 treasury shares, equal to 0.34% of its share capital, a modest but ongoing move that may support share liquidity and capital management flexibility for investors as Magis consolidates its position on the Euronext Growth Milan market.

More about MAGIS S.p.A.

Magis S.p.A., based in Cerreto Guidi in Tuscany, is a leader in the production of customized adhesive tapes and closure systems for baby and adult body-care. Founded in 1983, the company has been an innovator in hot melt coating on polypropylene and protected printing technologies, and focuses its research on market needs with strong attention to environmental sustainability, high quality standards and highly customizable, high-impact printing solutions. Listed on the Euronext Growth Milan market, Magis serves specialized body-care applications with tailored adhesive and closure products.

Average Trading Volume: 3,419

Technical Sentiment Signal: Hold

Current Market Cap: €65.29M

See more data about MGS stock on TipRanks’ Stock Analysis page.

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