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Fidia Spa ( (IT:FDA) ) has provided an update.
Fidia S.p.A. has announced the conversion of 15 bonds into 500,000 new shares, following a request from Global Growth Holding Limited. This conversion, part of a previously approved convertible bond loan, increases the company’s share capital by Euro 150,000, bringing the total number of shares to 9,132,969. The new shares will be traded on the regulated market, reflecting Fidia’s strategic financial maneuvers to strengthen its market position.
More about Fidia Spa
Fidia S.p.A., based in San Mauro Torinese 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, including numerical controls, high-speed milling systems, and CAM software.
Average Trading Volume: 587,711
Technical Sentiment Signal: Strong Sell
Current Market Cap: €2.75M
See more insights into FDA stock on TipRanks’ Stock Analysis page.