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Cellularline S.p.A. Announces Acquisition of Treasury Shares

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Cellularline S.p.A. Announces Acquisition of Treasury Shares

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Cellularline SpA ( (IT:CELL) ) just unveiled an update.

Cellularline S.p.A. has announced the purchase of 35,955 ordinary treasury shares for a total value of Euro 93,721.09 as part of a buy-back program authorized by its shareholders. This action, executed independently by Intesa Sanpaolo, indicates Cellularline’s strategic efforts to manage its equity structure effectively, which may impact its market positioning and shareholder value.

More about Cellularline SpA

Cellularline S.p.A., founded in 1990 in Reggio Emilia, is a leader in the smartphone and tablet accessories industry, with a strong focus on technological innovation and creativity. The company offers a wide range of products under various brands and operates in over 60 countries, employing 300 people.

YTD Price Performance: 13.36%

Average Trading Volume: 30,291

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €58.08M

Find detailed analytics on CELL stock on TipRanks’ Stock Analysis page.

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