Titan Cement Executes Share Buyback to Boost Market Position

An announcement from Titan Cement International N.V. ( (TTCIF) ) is now available.

Titan Cement International SA recently executed a share buyback program, acquiring 7,954 shares on Euronext Brussels and the Athens Stock Exchange. This initiative, aligned with regulatory guidelines, enhances the company’s shareholding to 5.25% of its voting rights, potentially strengthening its market position and stakeholder value.

More about Titan Cement International N.V.

The TITAN Group is an international leader in the construction and infrastructure materials sector, providing innovative solutions for a sustainable future. With operations in over 25 countries, including leading positions in the US and Europe, the company employs over 5,700 people. TITAN is committed to carbon neutrality by 2050 and has its CO2 reduction targets validated by the Science Based Targets initiative.

YTD Price Performance: 6.81%

Average Trading Volume: 107

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.35B

See more insights into TTCIF stock on TipRanks’ Stock Analysis page.