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The latest announcement is out from Indel B S.p.A. ( (IT:INDB) ).
Indel B S.p.A. has announced the purchase of 1,170 of its own shares on the Euronext Milan, part of a broader share repurchase program authorized by shareholders. This move, involving a total investment of Euro 23,611.00, is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (IT:INDB) stock is a Hold with a EUR20.00 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 a company listed on the EXM segment of Borsa Italiana, controlled by AMP.FIN S.r.l., and owned by the Berloni family. It operates globally in the mobile refrigeration sector for automotive and leisure time markets, and in the hospitality sector. The company also engages in mobile air conditioning for commercial vehicles and produces cooling appliances like wine storage cellars and small refrigerators. Indel B has a market cap of approximately Euro 116 million.
YTD Price Performance: -8.79%
Average Trading Volume: 2,761
Technical Sentiment Signal: Hold
Current Market Cap: €114.2M
For a thorough assessment of INDB stock, go to TipRanks’ Stock Analysis page.