Elica S.p.A. (IT:ELC) has released an update.
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Elica S.p.A. has repurchased 43,953 of its own shares for a total of 77,336 euros as part of its buyback program, reflecting a strategic move to strengthen its market position. This buyback increases Elica’s total holdings to 1,742,551 shares, representing 2.752% of its share capital. The company remains a leader in the kitchen appliance market, focusing on innovative design and technology.
For further insights into IT:ELC stock, check out TipRanks’ Stock Analysis page.