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EDreams ODIGEO ( (ES:EDR) ) has issued an update.
eDreams ODIGEO has announced a Share Buyback Program aimed at reducing its share capital by purchasing and amortizing up to 3,400,000 shares, which represents 2.66% of its current share capital. The program, managed by Deutsche Bank AG, is set with a maximum monetary amount of 20 million euros and will be in effect for up to one year, subject to certain conditions.
The most recent analyst rating on (ES:EDR) stock is a Buy with a EUR11.50 price target. To see the full list of analyst forecasts on EDreams ODIGEO stock, see the ES:EDR Stock Forecast page.
More about EDreams ODIGEO
eDreams ODIGEO operates in the travel industry, offering online travel booking services. The company focuses on providing a wide range of travel products including flights, hotels, and car rentals, catering to a global market.
Average Trading Volume: 158,592
Technical Sentiment Signal: Strong Buy
Current Market Cap: €1.05B
See more insights into EDR stock on TipRanks’ Stock Analysis page.