OB:ELOPackaging
A Look At Elopak (OB:ELO) Valuation After Launching A New Share Buy Back Programme
Elopak (OB:ELO) has launched a share buy-back programme of up to 600,000 shares to meet obligations under its long-term incentive plan, putting capital allocation and ownership structure in clearer focus for investors.
See our latest analysis for Elopak.
That buy-back announcement lands after a steady run in the share price, with a 6.7% 3 month share price return and a 41.7% 1 year total shareholder return. This suggests momentum has been building despite a slightly negative year to date...