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Fidia Spa ( (IT:FDA) ) has shared an update.
Fidia S.p.A. announced the conversion of five bonds into 5,000,000 new shares, which will be listed on Euronext Milan without the need for a prospectus. This move is part of a capital increase serving the company’s POC, raising the share capital to Euro 14,883,000. The change reflects Fidia’s strategic financial maneuvering to enhance its market position and operational capabilities, offering potential benefits to stakeholders through increased capital and share availability.
More about Fidia Spa
Fidia S.p.A., based in San Mauro Torinese, is a prominent player in the global market for high-performance integrated milling systems, primarily serving the automotive mold and aerospace sectors. With over five decades of experience and a workforce of approximately 148 employees, Fidia excels in providing comprehensive solutions for the entire milling process, from program design to the final product. The company’s offerings include numerical controls, high-speed milling systems, and CAM software for complex shapes.
YTD Price Performance: 0.0%
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €597.7K
See more insights into FDA stock on TipRanks’ Stock Analysis page.
