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Lindbergh S.p.A. Acquires Own Shares in Strategic Buyback

Story Highlights
  • Lindbergh S.p.A. operates in MRO and waste management sectors in Italy and France.
  • The company purchased 2,500 shares as part of a buyback program, holding 2.20% of its share capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lindbergh S.p.A. Acquires Own Shares in Strategic Buyback

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The latest update is out from Lindbergh S.p.A. ( (IT:LDB) ).

Lindbergh S.p.A. has announced the purchase of 2,500 of its own shares as part of a share buyback program approved by its shareholders. The shares were acquired at an average price of 3.84 Euros each, totaling 9,600 Euros, and the company now holds 214,365 own shares, representing approximately 2.20% of its share capital. This move is part of a broader strategy to manage its share capital and potentially enhance shareholder value.

The most recent analyst rating on (IT:LDB) stock is a Buy with a EUR5.00 price target. To see the full list of analyst forecasts on Lindbergh S.p.A. stock, see the IT:LDB Stock Forecast page.

More about Lindbergh S.p.A.

Lindbergh S.p.A. is a company active in Italy and France, specializing in the Maintenance Repair and Operations (MRO) sector. It offers services, products, and logistics solutions for technical assistance networks and is also involved in the Circular Economy and Waste Management sectors. Founded in 2006, the company is based in Pescarolo ed Uniti, Italy, and employs over 140 people.

Average Trading Volume: 11,532

Technical Sentiment Signal: Buy

Current Market Cap: €36.8M

Find detailed analytics on LDB stock on TipRanks’ Stock Analysis page.

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