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Eutelsat Communications ( (FR:ETL) ) has issued an announcement.
Eutelsat Communications reported its liquidity contract with BNP Paribas, showcasing a decrease in both shares and cash balance by the end of 2024 compared to mid-2024. The transactions for the second half of 2024 involved buying 1,530,491 shares and selling 1,468,727 shares, reflecting active trading activities. This announcement highlights the company’s dynamic financial management and may impact its market positioning and stakeholder relations.
More about Eutelsat Communications
Eutelsat Group is a global leader in satellite communications, offering connectivity and broadcast services worldwide. Formed in 2023 through the merger of Eutelsat and OneWeb, it is the first fully integrated GEO-LEO satellite operator, with a fleet of 35 geostationary satellites and over 600 low-earth orbit satellites. The company serves key markets such as Video, Mobile Connectivity, Fixed Connectivity, and Government Services, employing more than 1,500 people from over 50 countries.
YTD Price Performance: 2.40%
Average Trading Volume: 1,320
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.09B
Find detailed analytics on ETL stock on TipRanks’ Stock Analysis page.
