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Indel B S.p.A. ( (IT:INDB) ) just unveiled an update.
Indel B S.p.A. has initiated a share buyback program authorized by its shareholders, aiming to purchase up to 100,000 shares or a maximum total value of 2.5 million Euros. This program is designed to support share incentive plans, manage liquidity, stabilize stock prices, and enhance market efficiency, with Intesa Sanpaolo S.p.A. overseeing its execution.
The most recent analyst rating on (IT:INDB) stock is a Buy with a EUR28.60 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 Euronext Milan of Borsa Italiana, specializing in the production of refrigeration and air conditioning systems for the automotive, hospitality, and leisure time sectors. The company operates globally and has been active for 50 years, with a market cap of approximately 111 million Euros.
Average Trading Volume: 2,262
Technical Sentiment Signal: Sell
Current Market Cap: €109.1M
For a thorough assessment of INDB stock, go to TipRanks’ Stock Analysis page.