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Celebrus Technologies Enhances Shareholder Value with Share Repurchase

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Celebrus Technologies Enhances Shareholder Value with Share Repurchase

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Celebrus Technologies ( (GB:CLBS) ) has issued an update.

Celebrus Technologies plc has repurchased 30,526 ordinary shares at a price of 180.25 pence per share, which will be held in treasury. This transaction adjusts the company’s total voting rights to 39,590,639, a figure that shareholders can use to assess their interest in the company under FCA’s rules. The move reflects Celebrus’s ongoing efforts to manage its share capital effectively, potentially impacting shareholder value and market perception.

The most recent analyst rating on (GB:CLBS) stock is a Hold with a £182.00 price target. To see the full list of analyst forecasts on Celebrus Technologies stock, see the GB:CLBS Stock Forecast page.

Spark’s Take on GB:CLBS Stock

According to Spark, TipRanks’ AI Analyst, GB:CLBS is a Neutral.

Celebrus Technologies’ overall stock score is driven by its strong profitability and solid balance sheet, but is tempered by negative cash flow trends and bearish technical indicators. The fair valuation provides some support, but liquidity concerns remain a significant risk.

To see Spark’s full report on GB:CLBS stock, click here.

More about Celebrus Technologies

Celebrus Technologies plc, listed on AIM as CLBS, is dedicated to enhancing brand-consumer relationships through superior data solutions. Operating in over 27 countries, the company serves sectors such as financial services, retail, travel, healthcare, and telecommunications. Celebrus offers a first-party data product suite that captures, contextualizes, and activates user-based behavioral data in real-time, aiding in fraud prevention and decision-making. With offices in the UK, USA, and India, Celebrus is committed to data privacy and holds ISO27001 accreditation.

Average Trading Volume: 107,011

Technical Sentiment Signal: Sell

Current Market Cap: £72.31M

See more insights into CLBS stock on TipRanks’ Stock Analysis page.

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