Eurocell (GB:ECEL) has released an update.
Eurocell plc has successfully executed a share buyback, purchasing 242,963 ordinary shares at a uniform price of 133 pence each, which will lead to the cancellation of the acquired shares. Post transaction, the company’s treasury will hold 642,000 shares, and the remaining issued share capital will consist of 105,479,218 shares, setting the total number of voting rights. This strategic move aims to optimize shareholder value and may impact Eurocell’s stock market performance.
For further insights into GB:ECEL stock, check out TipRanks’ Stock Analysis page.
