Lindbergh S.p.A. Expands Share Buyback Program

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

Lindbergh S.p.A. has announced the purchase of 1,500 of its own shares as part of a buyback program approved in April 2024. The shares were acquired at an average price of 3.83 Euros each, totaling 5,750 Euros, and represent 0.020% of the company’s share capital. This move increases Lindbergh’s total holdings to 197,865 shares, or approximately 2.03% of its share capital, potentially strengthening its market position 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 Italy and France, specializing in the Maintenance Repair and Operations (MRO) sector. It provides services, products, and logistics solutions for technical assistance networks and is also involved in Circular Economy and Waste Management services. Established in 2006, the company is headquartered in Pescarolo ed Uniti (CR) and employs over 140 people.

Average Trading Volume: 11,838

Technical Sentiment Signal: Strong Buy

Current Market Cap: €37.27M

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