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Lottomatica Group S.P.A. ( (IT:LTMC) ) has issued an update.
Lottomatica Group S.p.A. has announced a strategic share buy-back program, planning to purchase up to €300 million of its own shares in 2025, with €130 million already acquired. This move aims to capitalize on current stock trading levels and is part of a broader €500 million buy-back initiative extending into 2026, reflecting the company’s commitment to optimizing shareholder value.
The most recent analyst rating on (IT:LTMC) stock is a Hold with a EUR21.00 price target. To see the full list of analyst forecasts on Lottomatica Group S.P.A. stock, see the IT:LTMC Stock Forecast page.
More about Lottomatica Group S.P.A.
Lottomatica Group S.p.A. operates in the gaming and lottery industry, focusing on providing gaming solutions and services. The company is engaged in the purchase of its own shares as part of a strategic buy-back program.
Average Trading Volume: 950,268
Technical Sentiment Signal: Hold
Current Market Cap: €4.83B
See more data about LTMC stock on TipRanks’ Stock Analysis page.