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Cresud Sociedad ( (CRESY) ) has issued an announcement.
Cresud Sociedad announced the completion of its shares buyback program, acquiring 4,522,623 common shares in the local market, which represents approximately 99.98% of the approved program and 0.75% of the outstanding shares. This strategic move increases Cresud’s treasury shares to 6,397,536 ordinary shares, accounting for 1.06% of its total issued shares, potentially enhancing shareholder value and reflecting confidence in its market position.
More about Cresud Sociedad
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria is an Argentine company engaged in various industries including real estate, finance, and agriculture. The company operates in the local and international markets, being listed on both the Buenos Aires Stock Exchange (BYMA) and the NASDAQ.
YTD Price Performance: 44.23%
Average Trading Volume: 234,963
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $847M
Learn more about CRESY stock on TipRanks’ Stock Analysis page.