Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Indel B S.p.A. ( (IT:INDB) ) just unveiled an update.
Indel B S.p.A. announced the purchase of 1,580 of its own shares, representing 0.027% of its total ordinary shares, at an average price of Euro 19.9152, totaling Euro 31,466.00. This move is part of a broader share repurchase program approved earlier in the year, reflecting the company’s strategic decision to manage its equity structure and potentially enhance shareholder value.
The most recent analyst rating on (IT:INDB) stock is a Hold with a EUR21.50 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. The company leads a global group active for 50 years in the mobile refrigeration sector, catering to the automotive, leisure, and hospitality markets. It also operates in the mobile air conditioning sector, focusing on commercial vehicles, minibuses, ambulances, and agricultural machinery, as well as in the cooling appliances sector, including wine storage and small refrigerators. Indel B has a market cap of approximately Euro 115 million.
YTD Price Performance: -9.24%
Average Trading Volume: 2,854
Technical Sentiment Signal: Hold
Current Market Cap: €113.6M
Find detailed analytics on INDB stock on TipRanks’ Stock Analysis page.