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Eurocell Executes Share Buyback, Adjusts Share Capital

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Eurocell Executes Share Buyback, Adjusts Share Capital

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Eurocell ( (GB:ECEL) ) just unveiled an announcement.

Eurocell plc has executed a share buyback, purchasing 5,551 of its ordinary shares at a consistent price of 125 pence each on the London Stock Exchange. This transaction, facilitated by Berenberg, leaves the company with no shares held in treasury and a total of 100,298,237 shares in circulation, impacting shareholders’ calculations for interest notifications under regulatory rules.

The most recent analyst rating on (GB:ECEL) stock is a Hold with a £138.00 price target. To see the full list of analyst forecasts on Eurocell stock, see the GB:ECEL Stock Forecast page.

Spark’s Take on GB:ECEL Stock

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

Eurocell’s overall stock score reflects a mix of operational efficiency and challenges in revenue growth and market conditions. The company’s strategic acquisitions and cost management are positive, but technical indicators and a cautious earnings outlook suggest potential risks.

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

More about Eurocell

Eurocell plc operates in the building materials industry, primarily focusing on the manufacture and distribution of UPVC products, including windows, doors, and conservatories. The company serves both the commercial and residential sectors, providing sustainable and energy-efficient solutions.

Average Trading Volume: 155,642

Technical Sentiment Signal: Sell

Current Market Cap: £122.4M

Find detailed analytics on ECEL stock on TipRanks’ Stock Analysis page.

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