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Elica S.p.A. Expands Share Buyback Program

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Elica S.p.A. Expands Share Buyback Program

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Elica S.p.A. ( (IT:ELC) ) has provided an update.

Elica S.p.A. announced the purchase of 56,966 of its own shares between August 1 and August 22, 2025, as part of a buyback program authorized in April 2025. This move brings the total number of shares held by Elica to 4,421,357, representing 6.98% of its share capital, potentially impacting 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 is an Italian company renowned for its design and production of cooking appliances, particularly leading in kitchen ventilation systems. With over 50 years of history, it is a European leader in electric motors for household appliances and heating boilers, employing around 2600 people across facilities in Italy, Poland, Mexico, and China.

YTD Price Performance: -8.59%

Average Trading Volume: 37,914

Technical Sentiment Signal: Sell

Current Market Cap: €94.35M

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

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