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Eurotech Amends Bylaws, Offers Withdrawal Rights to Shareholders

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Eurotech Amends Bylaws, Offers Withdrawal Rights to Shareholders

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The latest update is out from Eurotech S.p.A. ( (IT:ETH) ).

Eurotech S.p.A. has registered a resolution from its Extraordinary Shareholders’ Meeting to amend its bylaws, introducing a threshold of 40% of share capital for triggering a public purchase offer obligation. Shareholders who did not participate in the approval of this resolution can exercise their right of withdrawal until November 4, 2025, with a liquidation value set at €0.847 per share. This move could impact Eurotech’s shareholder dynamics and market strategy.

The most recent analyst rating on (IT:ETH) stock is a Hold with a EUR1.00 price target. To see the full list of analyst forecasts on Eurotech S.p.A. stock, see the IT:ETH Stock Forecast page.

More about Eurotech S.p.A.

YTD Price Performance: 35.68%

Average Trading Volume: 228,131

Technical Sentiment Signal: Sell

Current Market Cap: €40.16M

Learn more about ETH stock on TipRanks’ Stock Analysis page.

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