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An announcement from Lottomatica Group S.P.A. ( (IT:LTMC) ) is now available.
Lottomatica Group S.p.A. announced the purchase of 554,000 ordinary shares as part of its ongoing share buyback program, spending over 12 million euros. This move, executed by Goldman Sachs International, increases the total treasury shares held by the company to 4,873,877, representing 1.937% of the outstanding shares, potentially enhancing shareholder value and market confidence.
The most recent analyst rating on (IT:LTMC) stock is a Buy with a EUR28.00 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 industry, focusing on providing lottery, gaming machines, and sports betting services. The company is a significant player in the European market, offering a range of gaming products and services to its customers.
Average Trading Volume: 833,923
Technical Sentiment Signal: Buy
Current Market Cap: €5.31B
Learn more about LTMC stock on TipRanks’ Stock Analysis page.