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Lottomatica Expands Share Buyback Program with Recent Purchase

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Lottomatica Expands Share Buyback Program with Recent Purchase

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The latest update is out from Lottomatica Group S.P.A. ( (IT:LTMC) ).

Lottomatica Group S.p.A. announced the purchase of 154,799 ordinary shares as part of its ongoing share buyback program, executed independently by Goldman Sachs International. This transaction increases the company’s total treasury shares to 2,062,495, representing 0.820% of the outstanding ordinary shares, potentially enhancing shareholder value and signaling confidence in the company’s future prospects.

The most recent analyst rating on (IT:LTMC) stock is a Hold with a EUR25.00 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 lottery, gaming machines, and sports betting services. The company is a significant player in the European market, offering a wide range of gaming products and services.

Average Trading Volume: 780,917

Technical Sentiment Signal: Buy

Current Market Cap: €5.89B

See more data about LTMC stock on TipRanks’ Stock Analysis page.

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