CEWE rises on €18 million share buyback programme
BUZZ-CEWE rises on €18 million share buyback programme ** Shares in CEWE Stiftung CWCG.DE are up 3.4%, with an analyst from Baader pointing to the share buyback programme the German photo processing services provider announced on Monday
** A trader notes CEWE shares rose already in after-hours trading following the announcement
** CEWE plans to buy back up to 150,000 of its own shares, or around 2% of the share capital, for up to €18 million ($21 million) between Tuesday and April 16, 2027
** The shares are on track for their best trading day since July 24 if the gains hold
($1 = 0.8669 euros)
(Reporting by Orest Dovhan)