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Elica S.p.A. ( (IT:ELC) ) has provided an update.
Elica S.p.A. announced the purchase of 68,804 of its own shares between October 1 and 10, 2025, as part of a buyback program authorized by shareholders. This move increases Elica’s total ownership to 4,622,339 shares, representing 7.30% of its share capital, and reflects the company’s strategic efforts to enhance shareholder value and strengthen its market position.
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 kitchen appliances, particularly 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 its headquarters in Fabriano and seven plants in Italy, Poland, Mexico, and China.
YTD Price Performance: 8.59%
Average Trading Volume: 39,277
Technical Sentiment Signal: Hold
Current Market Cap: €112.1M
Learn more about ELC stock on TipRanks’ Stock Analysis page.