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Franchetti S.P.A. ( (IT:FCH) ) has provided an announcement.
Franchetti S.p.A. has resolved to increase its share capital by up to 4 million Euros, with the first tranche of 2.8 million Euros already subscribed by leading qualified and institutional investors. This capital increase aims to provide the company with immediate financial resources to support its growth plan and strategic objectives, including potential external growth opportunities.
More about Franchetti S.P.A.
Franchetti S.p.A. is a multinational group specializing in software development and engineering design focused on safety and predictive maintenance programming for infrastructure network structures.
YTD Price Performance: 6.87%
Average Trading Volume: 6,562
Technical Sentiment Signal: Sell
Learn more about FCH stock on TipRanks’ Stock Analysis page.