Cellnex increases its treasury stock to 2.902% and advances in its buyback program
So far, it has executed 10% of the maximum amount of the share buyback program approved at the end of July.
Cellnex has bought back 748,856 of its own shares since the start of its share buyback program on July 30, with a total value of 20.3 million euros. This represents around 10% of the maximum 200 million euros allocated for the program. The company's treasury stock now stands at 2.902%, with 19.8 million shares valued at around 520 million euros at 26.23 euros per share. The program is set to run until December 31 of this year, with the aim of reducing the company's capital through the redemption of acquired shares.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
