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Juventus Secures Additional €15 Million from EXOR for Capital Increase

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Juventus Secures Additional €15 Million from EXOR for Capital Increase

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Juventus Football Club Spa ( (IT:JUVE) ) just unveiled an update.

Juventus Football Club S.p.A. announced that its majority shareholder, EXOR N.V., has made a second payment of €15 million towards a future capital increase. This financial move aims to strengthen the company’s capital structure, potentially impacting its operational capabilities and market positioning.

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. is a prominent entity in the sports industry, primarily known for its professional football team. The company operates in the sports entertainment sector, focusing on football matches, merchandise, and related services, with a significant market presence in Italy and internationally.

YTD Price Performance: 3.57%

Average Trading Volume: 1,527,224

Technical Sentiment Signal: Buy

Current Market Cap: €1.19B

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

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