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Novabase Updates on Share Buy-Back Program

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Novabase Updates on Share Buy-Back Program

Novabase SGPS ( (GB:0MTZ) ) has provided an announcement.

Novabase has announced an update on its share buy-back program, which commenced on December 19, 2024. Between March 19 and March 26, 2025, the company, through Caixa – Banco de Investimento, S.A., acquired shares representing a small percentage of its share capital. As of March 26, 2025, Novabase holds 683,881 own shares, representing 1.91% of its total share capital, indicating a strategic move to consolidate its market position.

More about Novabase SGPS

Novabase SGPS operates in the technology and consulting industry, focusing on providing IT solutions and services. The company is involved in various sectors, including telecommunications, financial services, and public administration, and is listed on a regulated market.

YTD Price Performance: 22.03%

Average Trading Volume: 116

Technical Sentiment Signal: Sell

Current Market Cap: €254.5M

For detailed information about 0MTZ stock, go to TipRanks’ Stock Analysis page.

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