Landi Renzo S.p.A. (IT:LNDR) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Landi Renzo S.p.A. has received approval for its capital increase plan, allowing for the issuance of up to 12.6 million new shares on Euronext STAR Milan. The shares are to be offered to existing shareholders, with the majority shareholder, GBD Green by definition S.p.A., committing to a significant portion of the subscription. This strategic move aims to bolster the company’s position in the sustainable mobility and energy infrastructure sectors.
For further insights into IT:LNDR stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue