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MAGIS S.p.A. ( (IT:MGS) ) has issued an update.
Magis S.p.A. announced the purchase of 1,303 of its own shares between December 8 and December 12, 2025, at an average price of 9.3362 Euros per share, totaling 12,165.16 Euros. This move is part of a broader share purchase and disposal program initiated in October 2025, reflecting the company’s strategic financial management and potentially impacting its market positioning by consolidating its share capital.
More about MAGIS S.p.A.
Magis S.p.A. is a leading company in the production of customized adhesive tapes and closure systems for body-care for children and adults. Based in Cerreto Guidi, Tuscany, the company was founded in 1983 by Marco Marzi and is known for its innovation in hot melt coating on polypropylene and protected printing forms. Magis focuses on market needs, environmental sustainability, and high-quality standards, with a strong emphasis on high-quality printing and customization.
Average Trading Volume: 2,851
Technical Sentiment Signal: Sell
Current Market Cap: €58.45M
See more insights into MGS stock on TipRanks’ Stock Analysis page.