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Cellularline S.p.A. Enhances Share Capital Management with Treasury Share Purchase
Company Announcements

Cellularline S.p.A. Enhances Share Capital Management with Treasury Share Purchase

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The latest announcement is out from Cellularline SpA ( (IT:CELL) ).

Cellularline S.p.A. announced the purchase of 38,572 treasury shares valued at over 102,050 Euros between January 6 and January 10, 2025, as part of an authorized share buy-back program. This move, executed independently through Intesa Sanpaolo, signals a strategic effort to manage its share capital, currently holding 2.83381% of its voting rights, potentially impacting shareholder value and market positioning.

More about Cellularline SpA

Cellularline S.p.A., founded in Reggio Emilia in 1990, is a leader in the smartphone and tablet accessories sector, offering products known for high performance and user experience. The company, which employs 300 people, sells its branded products in over 60 countries.

YTD Price Performance: 13.36%

Average Trading Volume: 21,945

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €58.08M

For an in-depth examination of CELL stock, go to TipRanks’ Stock Analysis page.

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