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Lottomatica Expands Share Buyback Program

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Lottomatica Expands Share Buyback Program

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Lottomatica Group S.P.A. ( (IT:LTMC) ) just unveiled an update.

Lottomatica Group S.p.A. announced the purchase of 290,260 ordinary shares as part of its ongoing share buyback program, representing 0.115% of its outstanding shares. This strategic move, executed independently by Goldman Sachs International, aims to strengthen the company’s market position by increasing its treasury shares to a total of 1,016,332, which is 0.404% of its outstanding shares.

The most recent analyst rating on (IT:LTMC) stock is a Buy with a EUR12.50 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.

Average Trading Volume: 853,780

Technical Sentiment Signal: Buy

Current Market Cap: €6.09B

For detailed information about LTMC stock, go to TipRanks’ Stock Analysis page.

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