Buyback lifts shares of photo service provider Cewe

CEWE Stiftung & Co KGaA

31/08/2021 07:23

** Shares in Cewe  CWCG.DE  are up 3% in Lang & Schwarz
pre-market trade after the photo service provider said it would
carry out a share buyback
    ** The company said on Monday it decided to buy back up to
200,000 own shares with for up to 20 million euros between Sept.
1, 2021 and May 30, 2022  urn:newsml:reuters.com:*:nL8N2Q212R
    ** A local trader deems the event as "mild positive"
    ** The stock seen to top German small-cap index  .SDAXI 

 (Reporting by Linda Pasquini)
 ((Linda.pasquini@thomsonreuters.com))