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The latest announcement is out from Indel B S.p.A. ( (IT:INDB) ).
Indel B S.p.A., a maker of mobile refrigeration and air conditioning systems serving automotive, hospitality and leisure markets worldwide, has a market capitalization of about €112 million. The company’s portfolio spans vehicle and mobile living applications, hotel minibars and specialized cooling appliances, reinforcing its niche position in temperature-control solutions.
The company disclosed that, under its ongoing treasury share buyback program, it repurchased 1,350 shares on Euronext Milan between 26 February and 4 March 2026 for a total of €26,386.90 at a weighted average price of €19.5459. Following these transactions, Indel B holds 609,686 treasury shares, signaling continued use of buybacks as a capital management tool that can support liquidity and potentially underpin the share price.
The most recent analyst rating on (IT:INDB) stock is a Hold with a EUR21.00 price target. To see the full list of analyst forecasts on Indel B S.p.A. stock, see the IT:INDB Stock Forecast page.
More about Indel B S.p.A.
Indel B S.p.A. is an Italian company listed on the EXM segment of Borsa Italiana and controlled by AMP.FIN S.r.l., wholly owned by the Berloni family. The group has operated for 50 years in mobile refrigeration for automotive and leisure applications, hospitality refrigeration, mobile air conditioning for commercial and specialty vehicles, and niche cooling appliances such as wine cellars and small milk fridges.
Average Trading Volume: 1,075
Technical Sentiment Signal: Sell
Current Market Cap: €110.8M
See more data about INDB stock on TipRanks’ Stock Analysis page.