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EVS Broadcast Equipment Updates Share Buyback Progress

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EVS Broadcast Equipment Updates Share Buyback Progress

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The latest update is out from EVS Broadcast Equipment ( (GB:0N9Z) ).

EVS Broadcast Equipment announced an update on its share buyback program, revealing that they have repurchased 177,323 shares at an average price of EUR 30.6410, amounting to EUR 5,402,713.82, which is 54.03% of the planned EUR 10 million program. The progress of this buyback reflects the company’s strategic financial management and could potentially impact its stock market performance, signaling confidence to investors and stakeholders.

More about EVS Broadcast Equipment

EVS Broadcast Equipment is a globally recognized leader in live video technology for broadcast and new media productions. The company provides solutions that cover the entire production process, enabling production teams worldwide to deliver live sports, entertainment, and news content in real time. Headquartered in Liège, Belgium, EVS has a global presence, operating in over 100 countries and employing more than 700 people. It is publicly traded on Euronext Brussels and is part of the Euronext Tech Leaders and Euronext BEL Mid indices.

YTD Price Performance: 7.93%

Average Trading Volume: 892

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €443.6M

For an in-depth examination of 0N9Z stock, go to TipRanks’ Stock Analysis page.

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