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DEA S.p.A. Concludes First Warrant Exercise Period with No Activity

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DEA S.p.A. Concludes First Warrant Exercise Period with No Activity

TipRanks Cyber Monday Sale

Distribuzione Elettrica Adriatica S.p.A ( (IT:DEA) ) has shared an update.

Distribuzione Elettrica Adriatica S.p.A. (DEA) announced the conclusion of the first exercise period for its ‘Warrant DEA 2024-2027’, where no warrants were exercised. This leaves 998,000 warrants still in circulation, with future opportunities for holders to exercise them in subsequent periods. The lack of exercise may impact the company’s capital raising plans and reflects market sentiment towards the company’s stock.

The most recent analyst rating on (IT:DEA) stock is a Buy with a EUR11.80 price target. To see the full list of analyst forecasts on Distribuzione Elettrica Adriatica S.p.A stock, see the IT:DEA Stock Forecast page.

More about Distribuzione Elettrica Adriatica S.p.A

DEA S.p.A. is a prominent company in the distribution of electricity and management of public lighting in central and northern Italy. Established in 2015, it has expanded its operations through strategic acquisitions and partnerships, and since 2024, it has been listed on Euronext Growth Milan.

Average Trading Volume: 2,340

Technical Sentiment Signal: Hold

For an in-depth examination of DEA stock, go to TipRanks’ Overview page.

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