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Cresud Advances Share Repurchase Program with New Acquisition
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Cresud Advances Share Repurchase Program with New Acquisition

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Cresud Sociedad ( (CRESY) ) has shared an announcement.

Cresud Sociedad Anónima has announced the acquisition of 250,000 common shares at an average price of ARS 1,476.4313. This acquisition is part of a share repurchase program, and the company has now repurchased a total of 3,295,674 common shares, accounting for approximately 72.09% of the program. This move may enhance shareholder value and strengthen Cresud’s market position.

More about Cresud Sociedad

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria is a company based in Argentina, engaged in the agricultural sector with a focus on real estate and financial services. It operates primarily in the agribusiness industry, providing a range of services and products related to agriculture and real estate development.

YTD Price Performance: 63.74%

Average Trading Volume: 217,507

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $883.7M

Learn more about CRESY stock on TipRanks’ Stock Analysis page.

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