Magis S.p.A. Converts Special Shares Amid Market Growth

Magis S.p.A. Converts Special Shares Amid Market Growth

MAGIS S.p.A. (IT:MGS) has released an update.

Magis S.p.A. has announced the conversion of 12,000 Special Shares into 84,000 Ordinary Shares following a consistent increase in the share price, reflecting investor confidence and market strength. This move maintains the company’s share capital unchanged while increasing the number of ordinary shares, supporting its growth on the Euronext Growth Milan.

For further insights into IT:MGS stock, check out TipRanks’ Stock Analysis page.

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