tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Juventus Hit with Reduced Consob Fines Over Past Regulatory Breaches

Story Highlights
Juventus Hit with Reduced Consob Fines Over Past Regulatory Breaches

Claim 70% Off TipRanks Premium

Juventus Football Club Spa ( (IT:JUVE) ) has shared an update.

Juventus Football Club announced that Italian market regulator Consob has concluded an administrative proceeding against the club and several former executives, imposing a reduced monetary penalty of €190,000 on the company and a total of €310,000 on the former executives, alongside scaled-back ancillary sanctions, for past regulatory breaches. Juventus, which is jointly liable with the former executives for payment of these fines, emphasized that no sanctions were imposed on the manager currently in office and indicated it will assess whether to appeal the decision to the Court of Appeal, a step that could influence the final financial and reputational impact of the case on the club and its stakeholders.

The most recent analyst rating on (IT:JUVE) stock is a Hold with a EUR3.00 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. is a professional football club based in Turin, Italy, competing in top-tier domestic and international competitions. The company operates in the sports and entertainment industry, generating revenue through matchday income, broadcasting rights, sponsorships, merchandising, and related commercial activities, with a primary market focus on Italian and global football audiences.

Average Trading Volume: 1,809,237

Technical Sentiment Signal: Buy

Current Market Cap: €1.1B

See more insights into JUVE stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1