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An announcement from MAGIS S.p.A. ( (IT:MGS) ) is now available.
Magis S.p.A. announced the purchase of 300 own shares between October 28 and October 31, 2025, as part of its share buyback program. The shares were acquired at an average price of 10.03 Euros each, totaling 3,009.00 Euros, representing 0.005% of the company’s share capital. This move is part of a strategic initiative to manage the company’s capital structure and potentially enhance shareholder value.
More about MAGIS S.p.A.
Magis S.p.A., based in Cerreto Guidi, Tuscany, is a leader in producing customized adhesive tapes and closure systems for child and adult body care. Founded in 1983, the company is known for its innovative hot melt coating on polypropylene and pioneering 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: 3,059
Technical Sentiment Signal: Sell
Current Market Cap: €64.05M
Learn more about MGS stock on TipRanks’ Stock Analysis page.