Codere Online ( (CDRO) ) has provided an update.
On March 3, 2025, Codere Online Luxembourg, S.A. held an extraordinary shareholders’ meeting where the shareholders approved a resolution authorizing the company’s board of directors to repurchase up to one million ordinary shares directly on the Nasdaq Stock Market. This authorization is valid for one year, until March 3, 2026, and allows for a purchase price per share ranging from USD 0.01 to USD 10.00. This move could potentially impact the company’s market positioning by providing flexibility in managing its capital structure and could have implications for stakeholders by influencing share value.
More about Codere Online
Codere Online Luxembourg, S.A. is a company operating in the online gaming industry, focusing on providing online sports betting and casino services. The company is listed on the Nasdaq Stock Market, indicating its focus on the North American market.
YTD Price Performance: 25.32%
Average Trading Volume: 52,996
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $358.8M
For a thorough assessment of CDRO stock, go to TipRanks’ Stock Analysis page.