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An announcement from Fidia Spa ( (IT:FDA) ) is now available.
Fidia S.p.A. announced the conversion of 10 bonds into 769,230 new shares by Global Growth Holding Limited, as part of a convertible bond loan with warrants. This conversion increases the company’s share capital by Euro 100,000, bringing the total number of shares to 21,889,395. The move reflects Fidia’s ongoing financial strategies to strengthen its market position and potentially enhance 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 the design, production, and marketing of high-performance integrated milling systems. These systems are primarily used in the mold sector for the automotive industry and the aerospace sector. With over 40 years of experience and about 135 employees, Fidia offers comprehensive solutions for the entire milling process, including numerical controls, high-speed milling systems, and CAM software for complex shapes.
Average Trading Volume: 661,095
Technical Sentiment Signal: Strong Sell
Current Market Cap: €2.79M
See more insights into FDA stock on TipRanks’ Stock Analysis page.