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Fidia S.p.A. Announces Share Capital Change Following Bond Conversion

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Fidia S.p.A. Announces Share Capital Change Following Bond Conversion

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Fidia Spa ( (IT:FDA) ) has issued an update.

Fidia S.p.A. has announced a change in its share capital following the conversion of bonds into ordinary shares, resulting in a total share capital of Euro 17,123,000, divided into 746,630,322 shares. This development reflects Fidia’s strategic financial adjustments and could impact its market positioning and shareholder value, with all shares now admitted to trading on Euronext Milan.

More about Fidia Spa

Fidia S.p.A., based in San Mauro Torinese, is a global leader in the design, production, and marketing of high-performance integrated milling systems, primarily serving the automotive and aerospace sectors. With over 50 years of experience, the company offers comprehensive solutions for the entire milling process, including numerical controls, high-speed milling systems, and CAM software.

Average Trading Volume: 8,579,948

Technical Sentiment Signal: Strong Sell

Current Market Cap: €931.9K

For a thorough assessment of FDA stock, go to TipRanks’ Stock Analysis page.

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