Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from Elica S.p.A. ( (IT:ELC) ) is now available.
Elica S.p.A. announced the purchase of 48,014 of its own shares between July 16 and July 31, 2025, as part of a buyback program authorized by its shareholders. The total value of these purchases was 67,816 euros, with the shares bought at an average price of 1.412 euros each. Since the start of the program, Elica has acquired 2,285,374 shares, representing 3.61% of its share capital, and now holds a total of 4,364,391 shares, which is 6.89% of its share capital. This strategic move is likely aimed at consolidating its market position and potentially enhancing 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 hood systems, with over 50 years of history. It is a leader in the European market for electric motors used in household appliances and heating boilers. The company employs around 2,600 people across its headquarters in Fabriano and seven plants located in Italy, Poland, Mexico, and China.
Average Trading Volume: 36,831
Technical Sentiment Signal: Sell
Current Market Cap: €92.45M
For a thorough assessment of ELC stock, go to TipRanks’ Stock Analysis page.