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An announcement from MAGIS S.p.A. ( (IT:MGS) ) is now available.
Magis S.p.A. announced the purchase of 1,010 of its own shares, valued at approximately 9,609.99 Euros, as part of its ongoing share buyback program. This move, executed through Banca Akros S.p.A., reflects the company’s strategic efforts to manage its share capital and potentially enhance shareholder value.
More about MAGIS S.p.A.
Magis S.p.A. is a leader in the production of customized adhesive tapes and closure systems for body-care for children and adults. Based in Cerreto Guidi, Tuscany, and founded in 1983 by Marco Marzi, the company was among the first in the sector to perform hot melt coating on polypropylene and experiment with protected printing techniques. Magis focuses on market needs, environmental sustainability, and high-quality standards, offering highly customizable printing solutions.
Average Trading Volume: 2,906
Technical Sentiment Signal: Sell
Current Market Cap: €59.69M
For an in-depth examination of MGS stock, go to TipRanks’ Overview page.