tiprankstipranks
Trending News
More News >

Fidia S.p.A. Expands Share Capital with New Bond Conversion

Story Highlights
Fidia S.p.A. Expands Share Capital with New Bond Conversion

Confident Investing Starts Here:

An announcement from Fidia Spa ( (IT:FDA) ) is now available.

Fidia S.p.A. announced the issuance and subscription of 50 bonds with attached warrants by Global Growth Holding Limited, resulting in the conversion into 16,666,666 new Fidia shares. This development increases the company’s share capital to Euro 16,623,000 and the total number of shares to 438,296,990, enhancing its financial standing and market presence.

More about Fidia Spa

Fidia S.p.A., based in San Mauro Torinese, is a leader in the design, production, and marketing of high-performance integrated milling systems, primarily serving the automotive and aerospace sectors. With over 40 years of experience and approximately 133 employees, Fidia offers comprehensive solutions for the entire milling process, including numerical controls, high-speed milling systems, and CAM software for complex shapes.

Technical Sentiment Signal: Strong Sell

Current Market Cap: €1.44M

Find detailed analytics on FDA stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1