TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest announcement is out from Lottomatica Group S.P.A. ( (IT:LTMC) ).
Lottomatica Group S.p.A. has announced the purchase of 2,511,089 of its own ordinary shares, representing 0.998% of its shares in circulation, for a total value of approximately €51.6 million. This move is part of a previously communicated share buyback program, aiming to consolidate ownership and potentially enhance shareholder value. The purchases were executed independently by Goldman Sachs International, with the company now holding a total of 8,360,873 own shares, equating to 3.323% of the ordinary shares in circulation.
The most recent analyst rating on (IT:LTMC) stock is a Hold with a EUR27.00 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 lottery and gaming services. The company is involved in providing a range of gaming products and services, catering to a diverse market segment.
Average Trading Volume: 1,029,650
Technical Sentiment Signal: Hold
Current Market Cap: €5.09B
See more insights into LTMC stock on TipRanks’ Stock Analysis page.