tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Almaviva Increases Stake in Almawave Through Share Purchase

Story Highlights
Almaviva Increases Stake in Almawave Through Share Purchase

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Almawave S.p.A. ( (IT:AIW) ) has provided an update.

Almaviva S.p.A. has executed a voluntary total public purchase offer for the shares of Almawave S.p.A., acquiring 66,235 ordinary shares, which represents 0.22% of Almawave’s share capital. This acquisition increases Almaviva’s total holdings to 76.91% of Almawave’s share capital, potentially strengthening its influence and control over Almawave’s operations and strategic direction.

The most recent analyst rating on (IT:AIW) stock is a Buy with a EUR5.00 price target. To see the full list of analyst forecasts on Almawave S.p.A. stock, see the IT:AIW Stock Forecast page.

More about Almawave S.p.A.

Almawave S.p.A. operates in the technology industry, focusing on artificial intelligence and natural language processing solutions. The company provides innovative products and services aimed at enhancing digital transformation and customer interaction across various sectors.

Average Trading Volume: 58,126

Technical Sentiment Signal: Buy

Current Market Cap: €128.6M

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

Disclaimer & DisclosureReport an Issue

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
1