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Novabase SGPS Expands Share Buy-Back Program

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Novabase SGPS Expands Share Buy-Back Program

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

Novabase SGPS has been actively participating in a share buy-back program, initiated on December 19, 2024, as part of a strategy approved by its Board of Directors. Between March 3 and March 10, 2025, the company acquired additional shares, increasing its holdings to 676,693 own shares, which represent 1.89% of its share capital. This move is part of Novabase’s efforts to manage its share capital and potentially enhance shareholder value.

More about Novabase SGPS

Novabase SGPS is a company involved in the management of shareholdings, operating within a regulated market. It is based in Lisbon, Portugal, and has a share capital of €1,072,866.06.

YTD Price Performance: 23.73%

Average Trading Volume: 113

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €254.5M

For a thorough assessment of 0MTZ stock, go to TipRanks’ Stock Analysis page.

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