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Fidia Spa ( (IT:FDA) ) has issued an announcement.
Fidia S.p.A. has announced the conversion of 8 POC bonds into 800,000 new shares, following a request from Global Growth Holding Limited. This conversion, priced at Euro 0.10 per share, results in a capital increase of Euro 80,000, bringing the total share capital to Euro 9,347,761.90 and the total number of shares to 25,298,485. This move signifies a strategic financial adjustment, potentially impacting the company’s market positioning 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 segment of Borsa Italiana, is a global leader in high-performance integrated milling systems, primarily serving the automotive and aerospace sectors. With over 40 years of experience, Fidia specializes in numerical controls, high-speed milling systems, and CAM software, offering comprehensive solutions for the entire milling process.
Average Trading Volume: 795,774
Technical Sentiment Signal: Strong Sell
Current Market Cap: €2.16M
Find detailed analytics on FDA stock on TipRanks’ Stock Analysis page.