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IN BRIEF: Celebrus Technologies launches USD2 million share buyback

11th Nov 2026 14:39

Celebrus Technologies PLC - London-based data solutions for marketing and fraud prevention - Starts share buyback worth about USD2.0 million. The buyback of up to 3.0 million shares will be run by broker Cavendish. It starts on Wednesday and will be completed by February 11 next year. All repurchased shares will be held in treasury to satisfy employee share awards and other share schemes. The UK Takeover Panel has confirmed that Mission Trail Capital Management LLC, Celebrus's largest shareholder with a 29.98% stake, will not be required to make an offer for the company, even though its holding will rise to 32.60% as a result of the buyback, Celebrus says.

Current stock price: 55.00 pence, up 11% in London on Wednesday for GBP20.4 million market capitalisation

12-month change: down 61%

By Tom Waite, Alliance News editor

Comments and questions to [email protected]

Copyright 2026 Alliance News Ltd. All Rights Reserved.


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Celebrus Tech
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