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Circle S.p.A. Executes Buy-back of Shares in Strategic Move
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Circle S.p.A. Executes Buy-back of Shares in Strategic Move

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Invest with Confidence:

Circle SpA ( (IT:CIRC) ) has provided an update.

Circle S.p.A. announced the purchase of 1,980 of its own shares, valued at 16,619 euros, completed between January 20-24, 2025. This buy-back operation follows the authorization given by the shareholders in April 2024. As of January 27, 2025, Circle holds 48,510 ordinary shares, equating to 1.01% of its share capital. This action supports Circle’s strategic initiatives and may impact its market positioning by enhancing shareholder value.

More about Circle SpA

Circle S.p.A., founded in Genoa in 2012, is an innovative SME and the leading entity of the CIRCLE Group. The company specializes in process analysis and the development of solutions for the innovation and digitization of the port and intermodal logistics sectors. Additionally, Circle engages in international consulting related to the Green Deal and energy transition. Among its portfolio, Circle offers solutions in IoT, Optimization, Digital Twin, Big Data, and Process Automation. The company’s software products include Milos® for intermodal logistics, the Extended Port Community System, and solutions for shipping, logistics, and airport tracking. Circle operates advocacy and consulting services through Magellan Circle, targeting European institutions and focuses on funding opportunities related to the Green Deal.

YTD Price Performance: 4.95%

Average Trading Volume: 5,413

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €40.3M

For a thorough assessment of CIRC stock, go to TipRanks’ Stock Analysis page.

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