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An announcement from Indel B S.p.A. ( (IT:INDB) ) is now available.
Indel B S.p.A. has announced the purchase of 2,373 of its own shares as part of a share buyback program approved earlier in 2025. This transaction, carried out on the Euronext Milan, reflects the company’s strategic move to potentially enhance shareholder value and manage capital structure effectively.
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, primarily involved in the production of refrigeration and air conditioning systems for mobile and mobile living markets. Their products serve the automotive, hospitality, and leisure sectors, including commercial vehicles, minibuses, ambulances, and more. The company has a market cap of approximately Euro 115 million and is controlled by AMP.FIN S.r.l., owned by the Berloni family.
YTD Price Performance: -9.93%
Average Trading Volume: 2,883
Technical Sentiment Signal: Sell
Current Market Cap: €112.8M
For detailed information about INDB stock, go to TipRanks’ Stock Analysis page.