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Fidia Spa ( (IT:FDA) ) has shared an update.
Fidia S.p.A. announced the conversion of 5 bonds into new shares by Global Growth Holding Limited, resulting in the issuance of 178,571 new shares at a conversion price of Euro 0.28 per share. This conversion increases the company’s share capital by Euro 50,000, bringing the total to Euro 6,797,761.90, and the total number of shares to 10,690,848. This move reflects Fidia’s ongoing efforts to strengthen its financial position and enhance its market presence.
More about Fidia Spa
Fidia S.p.A. is a global 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, the company offers comprehensive solutions for the entire milling process, including numerical controls, high-speed milling systems, and CAM software.
Average Trading Volume: 556,585
Technical Sentiment Signal: Strong Sell
Current Market Cap: €2.31M
For detailed information about FDA stock, go to TipRanks’ Stock Analysis page.