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Elica S.p.A. Advances Share Buyback Program

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Elica S.p.A. Advances Share Buyback Program

Meet Your ETF AI Analyst

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

Elica S.p.A. has announced the purchase of 51,400 of its own shares between October 27 and November 14, 2025, as part of a buyback program authorized earlier in the year. The total value of these purchases amounted to 89,600 euros, with the company now holding 7.42% of its share capital. This move is part of Elica’s strategic efforts to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (IT:ELC) stock is a Hold 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 extraction 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.

YTD Price Performance: 1.23%

Average Trading Volume: 36,737

Technical Sentiment Signal: Sell

Current Market Cap: €104.5M

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

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