ALTAREA (FR:ALTA) has released an update.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
AltaGroupe, helmed by Altarea’s President Alain Taravella, is set to increase the market float of Altarea by selling 150,000 shares, equating to 0.69% of the company’s capital and voting rights. This move aims to improve the liquidity of Altarea’s stock while the Taravella family group maintains a 45.32% holding, reaffirming their long-term commitment to the company.
For further insights into FR:ALTA stock, check out TipRanks’ Stock Analysis page.