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First Capital S.p.A. Exercises Convertible Bond Conversion Rights

Story Highlights
  • First Capital S.p.A. operates in the financial sector, focusing on shares and convertible bonds.
  • The company exercised conversion rights for bonds worth €276,000, impacting market positioning.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
First Capital S.p.A. Exercises Convertible Bond Conversion Rights

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First Capital S.p.A. ( (IT:FIC) ) has shared an announcement.

First Capital S.p.A. announced the exercise of conversion rights for its convertible bonds ‘First Capital 3.75% CV 2019–2026’ with a nominal value of €276,000. This transaction, conducted outside a trading venue, reflects the company’s strategic financial maneuvers and may impact its market positioning and stakeholder interests.

The most recent analyst rating on (IT:FIC) stock is a Buy with a EUR30.40 price target. To see the full list of analyst forecasts on First Capital S.p.A. stock, see the IT:FIC Stock Forecast page.

More about First Capital S.p.A.

First Capital S.p.A. operates in the financial sector, dealing primarily with financial instruments such as shares and convertible bonds.

Average Trading Volume: 2,190

Technical Sentiment Signal: Buy

Current Market Cap: €54.85M

For an in-depth examination of FIC stock, go to TipRanks’ Overview page.

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