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Fidia Spa ( (IT:FDA) ) has provided an announcement.
Fidia S.p.A. has announced the conversion of 10 POC bonds into new shares, resulting in the issuance of 909,090 new shares to Global Growth Holding Limited. This conversion increases the company’s share capital by Euro 100,000, bringing the total number of shares to 22,798,485. The move reflects Fidia’s strategic financial management and is expected to enhance its market position by increasing liquidity and shareholder base.
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 the design, production, and marketing of high-performance integrated milling systems. These systems are primarily used in the mold sector for the automotive and aerospace industries. With over 40 years of experience, Fidia offers comprehensive solutions for the entire milling process, including numerical controls, high-speed milling systems, and CAM software.
Average Trading Volume: 723,868
Technical Sentiment Signal: Strong Sell
Current Market Cap: €2.52M
See more data about FDA stock on TipRanks’ Stock Analysis page.