Cellnex Telecom SA ( (ES:CLNX) ) has provided an announcement.
Cellnex Telecom SA has completed the sale of its entire business operations in Ireland, including Cellnex Ireland Limited and Cignal Infrastructure Limited, to Phoenix Towers International. Following this divestment, Cellnex will initiate a share buyback program valued at up to 800 million euros, starting March 3, 2025, as part of its strategic financial management plan.
More about Cellnex Telecom SA
Cellnex Telecom SA is a leading operator in the wireless telecommunications infrastructure sector, providing services such as tower management and network deployment. The company focuses on expanding its presence across Europe, offering solutions that support mobile network operators and broadcasters.
YTD Price Performance: 8.95%
Average Trading Volume: 2,302
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $24.75B
See more data about CLNX stock on TipRanks’ Stock Analysis page.