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ILPRA SpA ( (IT:ILP) ) has provided an update.
ILPRA S.p.A. has announced the purchase of 2,400 of its own shares as part of a share buyback program approved by its shareholders. This move, which amounts to a total value of 12,630 euros, is part of ILPRA’s strategy to manage its share capital effectively. The company now holds 218,400 own shares, representing 1.814% of its share capital. This action reflects ILPRA’s commitment to enhancing shareholder value and maintaining a strong market position.
The most recent analyst rating on (IT:ILP) stock is a Buy with a EUR8.00 price target. To see the full list of analyst forecasts on ILPRA SpA stock, see the IT:ILP Stock Forecast page.
More about ILPRA SpA
ILPRA S.p.A. is a leading company in the packaging sector, specializing in the production and sale of machinery for packaging food, cosmetic, and medical products. Founded in 1955, the company is known for its wide range of machines and innovative technological solutions, including the patented ProGas technology. ILPRA has a significant international presence, with operations in nine countries and generating 64% of its revenue abroad.
Average Trading Volume: 9,666
Technical Sentiment Signal: Buy
Current Market Cap: €69.06M
See more data about ILP stock on TipRanks’ Stock Analysis page.