Titan Cement Implements Share Buyback Strategy

Titan Cement International N.V. ( (TTCIF) ) has provided an update.

Titan Cement International SA has executed a share buyback program, purchasing 8,140 shares on Euronext Brussels and the Athens Stock Exchange. This strategic move results in the company owning 5.27% of its voting rights, potentially strengthening its market position and signaling confidence in its stock. The buyback aligns with regulatory standards and reflects a proactive approach in managing shareholder value.

More about Titan Cement International N.V.

The TITAN Group is a leading international company in the construction materials and infrastructure sector. With a presence in over 25 countries and employing over 5,700 people, the company holds significant positions in the United States, Europe, the Balkans, and the Eastern Mediterranean. Known for its innovative solutions and commitment to sustainability, TITAN has set a carbon neutrality target for 2050.

YTD Price Performance: 16.18%

Average Trading Volume: 107

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.61B

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