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Indel B S.p.A. ( (IT:INDB) ) just unveiled an update.
Indel B S.p.A. announced the purchase of 665 of its own shares on Euronext Milan as part of a share buyback program approved earlier this year. This move, which represents a small fraction of the total shares, is part of a broader strategy to manage capital and potentially enhance 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. The company leads a group active in the production of refrigeration and air conditioning systems for mobile and mobile living markets, including automotive, hospitality, and leisure sectors. Indel B has a market cap of approximately Euro 112 million and has been operating worldwide for 50 years.
YTD Price Performance: -11.98%
Average Trading Volume: 3,162
Technical Sentiment Signal: Sell
Current Market Cap: €110.2M
Find detailed analytics on INDB stock on TipRanks’ Stock Analysis page.