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Ena S.p.A. Seeks Authorization for Share Buyback and Disposal

Story Highlights
  • Ena S.p.A. plans to seek shareholder approval to buy and dispose of its own shares.
  • The authorization aims to enhance liquidity support and strategic flexibility for Ena S.p.A.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ena S.p.A. Seeks Authorization for Share Buyback and Disposal

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An update from Enav SpA ( (IT:ENAV) ) is now available.

Ena S.p.A. announced that its Board of Directors has approved a proposal to seek authorization from the Shareholders’ Meeting to purchase and dispose of its own shares. This move is aimed at providing the company with flexibility for liquidity support, strategic operations, and potential stock grant plans. The authorization, if approved, will allow Ena to purchase shares up to a maximum value of 400,000 euros, using available reserves, and dispose of them without time constraints, aligning with regulatory and market practices.

The most recent analyst rating on (IT:ENAV) stock is a Buy with a EUR4.90 price target. To see the full list of analyst forecasts on Enav SpA stock, see the IT:ENAV Stock Forecast page.

More about Enav SpA

Ena S.p.A. is a leading company in the real estate administration sector, listed on the Euronext Growth Milan market, organized and managed by Borsa Italiana S.p.A.

Average Trading Volume: 682,207

Technical Sentiment Signal: Buy

Current Market Cap: €2.54B

Find detailed analytics on ENAV stock on TipRanks’ Stock Analysis page.

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