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An announcement from Fidia Spa ( (IT:FDA) ) is now available.
Fidia S.p.A. announced a share consolidation plan, converting 746,630,322 ordinary shares into 7,466,303 new shares at a 1-for-100 ratio, effective June 16, 2025. This move aims to streamline the company’s share structure without altering its nominal share capital, while ensuring smooth operations through Monte Titoli S.p.A. and Banca Finnat Euramerica S.p.A. for managing share fractions.
More about Fidia Spa
Fidia S.p.A., based in San Mauro Torinese, is a leading company 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 and approximately 135 employees, Fidia is recognized for offering comprehensive solutions in the milling process, including numerical controls, high-speed milling systems, and CAM software for complex shapes.
Technical Sentiment Signal: Strong Sell
Current Market Cap: €4.41M
For an in-depth examination of FDA stock, go to TipRanks’ Stock Analysis page.