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The latest update is out from Indel B S.p.A. ( (IT:INDB) ).
Indel B S.p.A. announced the purchase of 950 of its own shares on Euronext Milan, as part of a buyback program authorized earlier in the year. This move, involving a total value of approximately Euro 18,060, reflects the company’s strategic efforts to manage its share capital and potentially enhance shareholder value.
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 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, serving the automotive, leisure, and hospitality industries. It also operates in mobile air conditioning, focusing on commercial vehicles, and in cooling appliances, including wine cellars and small refrigerators.
YTD Price Performance: -13.12%
Average Trading Volume: 2,223
Technical Sentiment Signal: Sell
Current Market Cap: €108.8M
For a thorough assessment of INDB stock, go to TipRanks’ Stock Analysis page.