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Juventus Completes €97.8 Million Capital Increase to Support Strategic Plan

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Juventus Completes €97.8 Million Capital Increase to Support Strategic Plan

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An update from Juventus Football Club Spa ( (IT:JUVE) ) is now available.

Juventus Football Club S.p.A. successfully completed a capital increase by issuing 37,912,181 new shares, raising approximately €97.8 million through an accelerated bookbuild offering reserved for institutional investors. This capital increase aims to support Juventus’s Strategic Plan 2024/2025 – 2026/2027, which focuses on strengthening the company’s capital structure, enhancing its international brand presence, reducing debt, and maintaining sports competitiveness.

The most recent analyst rating on (IT:JUVE) stock is a Hold with a EUR2.50 price target. To see the full list of analyst forecasts on Juventus Football Club Spa stock, see the IT:JUVE Stock Forecast page.

More about Juventus Football Club Spa

Juventus Football Club S.p.A. operates in the sports and entertainment industry, primarily focusing on professional football. The company is known for its football team, Juventus F.C., which competes in Italian and international competitions. Juventus is involved in various activities related to sports management, merchandising, and media rights, aiming to strengthen its brand globally.

Average Trading Volume: 540,263

Technical Sentiment Signal: Sell

Current Market Cap: €1.02B

Learn more about JUVE stock on TipRanks’ Stock Analysis page.

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