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CWC — CEWE Stiftung & Co KGaA News Story

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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)

((Orest.Dovhan@thomsonreuters.com))

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