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Hipay Group SA Launches Capital Increase to Fuel Growth

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Hipay Group SA Launches Capital Increase to Fuel Growth

The latest update is out from Hipay Group SA ( (FR:ALHYP) ).

Hipay Group SA has announced a capital increase of 6,765,000 euros by issuing 1,353,000 new shares, with a subscription ratio of 3 new shares for every 11 existing shares. This capital increase aims to support technological and commercial investments, reduce financial debt, and expand the company’s market reach, signaling a new phase of growth.

More about Hipay Group SA

Hipay Group SA is an expert in payment solutions, providing innovative services to enhance transaction processes. The company, through its subsidiary HiPay SAS, focuses on achieving operational profitability and expanding into new products, services, and territories.

YTD Price Performance: 3.64%

Average Trading Volume: 405

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €26M

See more data about ALHYP stock on TipRanks’ Stock Analysis page.

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