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Magis S.p.A. Acquires Own Shares as Part of Strategic Program

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Magis S.p.A. Acquires Own Shares as Part of Strategic Program

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

Magis S.p.A. announced the purchase of 1,303 of its own shares between November 17 and November 21, 2025, at an average price of 9.594 Euros per share, totaling 12,501.11 Euros. This move is part of a broader program for the purchase and disposal of own shares, reflecting the company’s strategic financial management and potentially impacting its market positioning and shareholder value.

More about MAGIS S.p.A.

Magis S.p.A., based in Cerreto Guidi, Tuscany, is a leading producer of customized adhesive tapes and closure systems for body-care for children and adults. Founded in 1983 by Marco Marzi, the company is known for its innovative approaches, such as hot melt coating on polypropylene and protected printing techniques. Magis focuses on market needs, environmental sustainability, and high-quality standards, with a strong emphasis on high-quality printing and customization.

Average Trading Volume: 2,895

Technical Sentiment Signal: Sell

Current Market Cap: €58.76M

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

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