Indel B S.p.A. Executes Share Buyback Program

Indel B S.p.A. ( (IT:INDB) ) has shared an announcement.

Indel B S.p.A. has announced the purchase of 1,450 own shares as part of a share buyback program, amounting to 0.025% of its total ordinary shares. This strategic move, conducted on Euronext Milan, is part of their efforts to manage equity efficiently, potentially increasing the value for shareholders and reinforcing their market position.

More about Indel B S.p.A.

Indel B S.p.A. is listed on the EXM segment of Borsa Italiana and is a significant player in the mobile refrigeration and air conditioning systems industry. The company serves the automotive, leisure time, and hospitality markets, producing systems for commercial vehicles, minibuses, ambulances, and more, with a market cap of approximately Euro 126 million.

YTD Price Performance: 0.0%

Average Trading Volume: 3

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €123.3M

For a thorough assessment of INDB stock, go to TipRanks’ Stock Analysis page.