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Conafi S.p.A. Transforms into Limited Liability Company, Withdraws from Euronext Milan

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Conafi S.p.A. Transforms into Limited Liability Company, Withdraws from Euronext Milan

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Conafi S.p.A. ( (IT:CNF) ) has issued an update.

Conafi S.p.A. has announced its transformation from a joint-stock company into a limited liability company, resulting in the withdrawal of its shares from trading on the Euronext Milan stock exchange. This decision includes a voluntary reduction of share capital to establish an equity reserve for liquidating shareholders exercising their withdrawal rights. Additionally, a proposal for liability action against the company’s Board of Directors and Board of Auditors was rejected, indicating a stable governance stance.

More about Conafi S.p.A.

Conafi S.p.A. operates in the financial sector, focusing on providing financial services and solutions. The company engages in various activities related to financing and investments, serving a diverse client base within its market.

YTD Price Performance: -25.56%

Average Trading Volume: 96,533

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: €7.79M

Find detailed analytics on CNF stock on TipRanks’ Stock Analysis page.

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