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Lindbergh S.p.A. Expands Share Buyback Program

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Lindbergh S.p.A. Expands Share Buyback Program

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Lindbergh S.p.A. ( (IT:LDB) ) just unveiled an update.

Lindbergh S.p.A. announced the purchase of 1,000 of its own shares at an average price of 4.20 Euros per share, totaling 4,200 Euros, as part of a share buyback program approved in April 2024. This acquisition, facilitated by Integrae SIM, increases Lindbergh’s total holdings to 228,365 shares, representing approximately 2.34% of its share capital. The move is part of the company’s strategic financial management, potentially impacting its market positioning and 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 operating in the MRO (Maintenance, Repair & Operations), HVAC (Heating, Ventilation, Air Conditioning), and Circular Economy sectors. The company functions through three business units: Network Management, HVAC, and Circular Economy, providing logistics services, maintenance, and waste management solutions. Founded in 2006 and based in Pescarolo ed Uniti, Italy, Lindbergh employs over 200 people.

Average Trading Volume: 11,801

Technical Sentiment Signal: Buy

Current Market Cap: €41.58M

For a thorough assessment of LDB stock, go to TipRanks’ Stock Analysis page.

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