tiprankstipranks
Amoéba SA Ends Liquidity Contract Amid Cost Savings
Company Announcements

Amoéba SA Ends Liquidity Contract Amid Cost Savings

Amoeba SA (FR:ALMIB) has released an update.

Pick the best stocks and maximize your portfolio:

Amoéba SA, a French greentech firm, has terminated its liquidity contract with Portzamparc BNP Paribas due to sufficient daily liquidity, eliminating the need for additional services and aligning with cost rationalization efforts. The contract’s termination reflects a comparison of resources between the last semi-annual report and the current state, with the latest figures showing 33,366 securities and 12,869.06 euros in the liquidity account. Amoéba continues to focus on biocontrol and cosmetics markets, leveraging its patented amoebae-based solutions as alternatives to chemical products.

For further insights into FR:ALMIB stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks European Auto-Generated NewsdeskAmoéba’s Strategic Update and Investor Engagement
TipRanks European Auto-Generated NewsdeskAmoéba Gains EFSA Approval for Biocontrol Solution
TipRanks European Auto-Generated NewsdeskKoppert and Amoéba Partner on Innovative Biofungicide
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App