Recordati Industria Chimica e Farmaceutica SPA (IT:REC) has released an update.
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Recordati S.p.A. has announced progress in its share buyback program, aimed at supporting stock option plans for its management. The company, listed on the Italian Stock Exchange, is a global pharmaceutical group with operations in approximately 150 countries. As of late October 2024, Recordati held over 2.5 million of its own shares, representing 1.2% of its share capital.
For further insights into IT:REC stock, check out TipRanks’ Stock Analysis page.