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Fidia Spa ( (IT:FDA) ) just unveiled an update.
Fidia S.p.A. announced the conversion of 14 bonds into 14,000,000 new shares, which will be listed on the Euronext Milan market. This move increases the company’s share capital by Euro 140,000, bringing the total to Euro 15,023,000 and the total number of shares to 104,150,171. This development marks a significant step in Fidia’s capital increase initiative, reflecting its strategic financial maneuvering to enhance market presence and operational flexibility.
More about Fidia Spa
Fidia S.p.A. is a prominent company in the design, production, and marketing of high-performance integrated milling systems, primarily serving the mold sector for the automotive and aerospace industries. With over five decades of expertise, Fidia is renowned for its comprehensive solutions in the milling process, offering numerical controls, high-speed milling systems, and CAM software for complex shapes.
YTD Price Performance: 0%
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €735.6K
For detailed information about FDA stock, go to TipRanks’ Stock Analysis page.
