An update from Fidia Spa ( (IT:FDA) ) is now available.
Fidia S.p.A. announced the conversion of five bonds into 16,666,666 new shares, which will be traded on Euronext Milan without the need for a prospectus. This conversion is part of a capital increase that raises the company’s share capital by Euro 50,000, resulting in a total of 471,630,322 shares. The move reflects Fidia’s strategic efforts to strengthen its financial position and enhance its market presence.
More about Fidia Spa
Fidia S.p.A., based in San Mauro Torinese, is a leading company in the design, production, and marketing of high-performance integrated milling systems. It primarily serves 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: 10,150,109
Technical Sentiment Signal: Strong Sell
Current Market Cap: €1.4M
For detailed information about FDA stock, go to TipRanks’ Stock Analysis page.