tiprankstipranks
Indel B S.p.A. Announces Share Buyback Program Update
Company Announcements

Indel B S.p.A. Announces Share Buyback Program Update

Story Highlights

Stay Ahead of the Market:

Indel B S.p.A. ( (IT:INDB) ) has issued an announcement.

Indel B S.p.A. announced the purchase of 860 of its own shares as part of its buyback program, representing 0.015% of the total ordinary shares, at an average price of Euro 21.8000, totaling Euro 18,748.00. This strategic move is expected to impact the company’s shareholding structure and reflects its commitment to enhancing shareholder value.

More about Indel B S.p.A.

Indel B S.p.A., listed on the EXM segment of Borsa Italiana and controlled by AMP.FIN S.r.l., leads a global group in the mobile refrigeration and air conditioning sectors for automotive, hospitality, and leisure markets. Their product range includes automotive refrigeration systems, minibuses, ambulances, and wine cellars, with a market cap of approximately Euro 127 million.

YTD Price Performance: 0.0%

Average Trading Volume: 3

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €124.5M

For an in-depth examination of INDB stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles