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An announcement from Indel B S.p.A. ( (IT:INDB) ) is now available.
Indel B S.p.A. announced the purchase of 701 of its own shares on Euronext Milan, as part of a share buyback program authorized by its shareholders. The purchase, conducted between September 2 and September 4, 2025, represents 0.012% of its ordinary shares, at a total value of Euro 14,080. This move is part of the company’s strategy to manage its capital structure and could impact its market positioning by potentially increasing 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, as well as in the hospitality sector. The company also specializes in mobile air conditioning for commercial vehicles and produces cooling appliances like wine cellars and small refrigerators. Indel B has a market cap of approximately Euro 115 million.
YTD Price Performance: -9.47%
Average Trading Volume: 2,472
Technical Sentiment Signal: Hold
Current Market Cap: €113.4M
See more data about INDB stock on TipRanks’ Stock Analysis page.