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Eurocell Executes Share Buyback Program

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An update from Eurocell ( (GB:ECEL) ) is now available.

Eurocell plc, a company listed on the London Stock Exchange, has executed a share buyback program, purchasing 30,451 of its ordinary shares through Berenberg, the company’s broker. The shares were bought at a volume-weighted average price of 143.64 pence per share. Following this transaction, Eurocell’s total issued share capital, excluding treasury shares, consists of 101,861,156 shares, which is also the total number of voting rights. This move is part of Eurocell’s strategy to manage its capital structure and potentially enhance shareholder value.

More about Eurocell

YTD Price Performance: -10.82%

Average Trading Volume: 148,517

Technical Sentiment Signal: Buy

Current Market Cap: £149.8M

Learn more about ECEL stock on TipRanks’ Stock Analysis page.

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