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Novabase SGPS ( (GB:0MTZ) ) has issued an update.
Novabase has announced an update on its share buy-back program, which was initiated in December 2024 following approval by its board of directors and shareholders. Between January 10 and January 17, 2025, the company acquired additional shares under this program, consolidating its position with a total of 663,401 own shares, representing 1.86% of its share capital. This move is part of Novabase’s strategic efforts to optimize its capital structure and potentially enhance shareholder value.
More about Novabase SGPS
Novabase SGPS operates as a holding company involved in various business sectors, primarily focusing on technology and information systems. The company is publicly traded and headquartered in Lisbon, Portugal.
YTD Price Performance: -1.69%
Average Trading Volume: 31
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €205.4M
For a thorough assessment of 0MTZ stock, go to TipRanks’ Stock Analysis page.