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Fidia Spa ( (IT:FDA) ) just unveiled an update.
Fidia S.p.A. announced the conversion of 10 bonds into 1,000,000 new shares by Global Growth Holding Limited, with a conversion price of Euro 0.10 per share. This conversion increases the company’s share capital by Euro 100,000, bringing the total number of shares to 23,798,485. The partial execution of the capital increase will be filed with the Turin Companies Register, reflecting the company’s strategic financial maneuvers to enhance its market position and shareholder value.
The most recent analyst rating on (IT:FDA) stock is a Sell with a EUR0.15 price target. To see the full list of analyst forecasts on Fidia Spa stock, see the IT:FDA Stock Forecast page.
More about Fidia Spa
Fidia S.p.A., based in Turin and listed on the Euronext Milan market, is a global leader in designing, producing, and marketing high-performance integrated milling systems. The company primarily serves the automotive and aerospace sectors, offering comprehensive solutions for the entire milling process. With over 40 years of experience and around 135 employees, Fidia specializes in numerical controls, high-speed milling systems, and CAM software for complex shapes.
Average Trading Volume: 770,460
Technical Sentiment Signal: Strong Sell
Current Market Cap: €2.48M
Learn more about FDA stock on TipRanks’ Stock Analysis page.