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Eurocell Conducts Share Buyback for Employee Plans

Eurocell Conducts Share Buyback for Employee Plans

Eurocell (GB:ECEL) has released an update.

Eurocell plc has recently bought back 9,471 of its own shares at a uniform price of 154.70p on the London Stock Exchange, which will be held as treasury shares to fulfill employee share plans. Following the transaction, Eurocell’s total treasury shares amount to 651,471, while the remaining issued share capital stands at 104,345,847 shares, equating to the same number of voting rights. This buyback is part of the company’s Share Buyback Programme, aimed at managing its capital structure.

For further insights into GB:ECEL stock, check out TipRanks’ Stock Analysis page.

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