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BFF Bank SpA ( (IT:BFF) ) has issued an update.
BFF Bank S.p.A. announced a change in its share capital following a partial execution of a share capital increase that was resolved in 2020. This increase involved issuing 37,384 new ordinary shares to BFF Group employees as part of the company’s remuneration and incentive policies, including the Management by Objective incentive system and stock option plans. This move is part of the bank’s strategic plans to align employee incentives with its growth objectives, potentially enhancing its market position and reinforcing its commitment to stakeholder value.
More about BFF Bank SpA
BFF Banking Group is the largest independent specialty finance institution in Italy and a leading player in Europe, specializing in the management and non-recourse factoring of trade receivables from public administrations. The group also provides securities services and handles banking and corporate payments across several European countries, including Italy, Croatia, the Czech Republic, France, Greece, Poland, Portugal, Slovakia, and Spain. BFF is publicly traded on the Italian Stock Exchange and reported a consolidated adjusted net profit of €183.2 million in 2023.
YTD Price Performance: -14.24%
Average Trading Volume: 5,472
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €1.5B
See more data about BFF stock on TipRanks’ Stock Analysis page.
