Vidrala (ES:VID) has released an update.
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Vidrala, S.A. has successfully completed its share buyback program ahead of schedule, acquiring 330,000 shares at an average price of 94.24 euros per share, totaling 31.1 million euros. The program, which aimed to reduce the company’s capital stock to enhance shareholder returns, was finalized with the acquisition of the maximum number of shares stipulated. Following corporate resolutions, further details on the capital reduction will be disclosed.
For further insights into ES:VID stock, check out TipRanks’ Stock Analysis page.