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Cellularline SpA ( (IT:CELL) ) has provided an update.
Cellularline S.p.A. announced the purchase of 29,006 ordinary treasury shares between 20 and 24 January 2025, at an average weighted price of Euro 2.66098, totaling Euro 77,184.51. The buy-back was conducted through Intesa Sanpaolo, under an authorization from the shareholders’ meeting on 22 November 2023. This strategic move increases Cellularline’s treasury shares to 681,825, representing 3.11789% of its share capital with voting rights, potentially reinforcing its market position and signaling confidence to stakeholders.
More about Cellularline SpA
Cellularline S.p.A., founded in Reggio Emilia in 1990, is a leading company in the smartphone and tablet accessories sector. With its various brands, the company is at the forefront of the multimedia device accessories industry, focusing on delivering high-performance products that offer ease of use and a unique user experience. Cellularline’s products are sold in over 60 countries and the group employs 300 people.
YTD Price Performance: 14.66%
Average Trading Volume: 28,175
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €58.75M
See more insights into CELL stock on TipRanks’ Stock Analysis page.
