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An update from Fidia Spa ( (IT:FDA) ) is now available.
Fidia S.p.A. announced the conversion of six bonds into 3,000,000 new shares, which will be traded on the Euronext Milan market. This conversion is part of a larger capital increase effort which has already raised over 7 million Euros. The company’s share capital will rise by 60,000 Euros, bringing the total to 14,563,000 Euros, and increasing the total number of shares to 67,650,171. This move is expected to enhance Fidia’s financial positioning and potentially impact its market operations and stakeholder interests.
More about Fidia Spa
Fidia S.p.A., headquartered in San Mauro Torinese and listed on the Euronext Milan, is a global leader in the design, production, and commercialization of high-performance integrated milling systems. These systems are predominantly used in the automotive and aerospace industries, focusing on the mold sector. With over 50 years of experience, Fidia offers comprehensive solutions for the entire milling process, employing around 147 people worldwide.
YTD Price Performance: 0%
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €1.49M
See more data about FDA stock on TipRanks’ Stock Analysis page.
