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Elica S.p.A. Advances Share Buyback Program

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Elica S.p.A. Advances Share Buyback Program

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Elica S.p.A. ( (IT:ELC) ) just unveiled an update.

Elica S.p.A. announced the purchase of 110,221 of its own shares as part of a buyback program authorized by its shareholders. The shares were acquired between May 28 and June 13, 2025, at an average price of 1.42 euros per share, totaling 156,610 euros. This buyback effort is part of a broader strategy, with Elica having purchased a total of 2,212,581 shares, representing 3.49% of its share capital, since the program’s inception. As of June 13, 2025, Elica holds 4,291,598 own shares, equating to 6.78% of its share capital, which may impact its market positioning and shareholder value.

The most recent analyst rating on (IT:ELC) stock is a Buy with a EUR1.80 price target. To see the full list of analyst forecasts on Elica S.p.A. stock, see the IT:ELC Stock Forecast page.

More about Elica S.p.A.

Elica S.p.A. is an Italian company renowned for its design and production of cooking appliances, particularly kitchen extractor systems, with over 50 years of history. It is a European leader in electric motors for household appliances and heating boilers, employing around 2,600 people across its headquarters in Fabriano and seven plants located in Italy, Poland, Mexico, and China.

YTD Price Performance: -16.72%

Average Trading Volume: 56,601

Technical Sentiment Signal: Sell

Current Market Cap: €88.34M

See more insights into ELC stock on TipRanks’ Stock Analysis page.

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