ALTAREA (FR:ALTA) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
AltaGroupe, helmed by Altarea’s President Alain Taravella, is set to increase the market float of Altarea by selling 150,000 shares, equating to 0.69% of the company’s capital and voting rights. This move aims to improve the liquidity of Altarea’s stock while the Taravella family group maintains a 45.32% holding, reaffirming their long-term commitment to the company.
For further insights into FR:ALTA stock, check out TipRanks’ Stock Analysis page.