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Fidia S.p.A. Announces Change in Share Capital After Bond Conversion

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Fidia S.p.A. Announces Change in Share Capital After Bond Conversion

Fidia Spa ( (IT:FDA) ) just unveiled an update.

Fidia S.p.A. announced a change in its share capital following the conversion of bonds into ordinary shares, resulting in a total share capital of Euro 16,223,000.00 divided into 304,963,660 shares. This adjustment reflects the company’s strategic financial maneuvers to enhance its market position, with all shares admitted to trading on Euronext Milan. The updated Articles of Association have been filed with the Turin Companies Register, indicating compliance with regulatory requirements.

More about Fidia Spa

Fidia S.p.A., based in San Mauro Torinese and listed on the Euronext Milan, is a leading global company specializing in the design, production, and marketing of high-performance integrated milling systems. These systems are primarily used in the automotive and aerospace sectors, particularly for mold applications. With over 50 years of experience, Fidia offers comprehensive solutions for the entire milling process, including numerical controls, high-speed milling systems, and CAM software.

Technical Sentiment Signal: Strong Sell

Current Market Cap: €2.12M

For a thorough assessment of FDA stock, go to TipRanks’ Stock Analysis page.

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