tiprankstipranks
Advertisement
Advertisement

Lottomatica Lifts Treasury Stake Above 6% With Latest Buybacks

Story Highlights
  • Lottomatica repurchased 279,776 shares for €5.74 million, expanding its ongoing buyback programme.
  • The company now holds 6.17% of its stock as treasury shares, signaling capital-management focus and confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lottomatica Lifts Treasury Stake Above 6% With Latest Buybacks

Claim 55% Off TipRanks

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

Lottomatica Group S.p.A. continued its ongoing share buyback programme, repurchasing 279,776 ordinary shares between 9 and 13 February 2026 at an average price of €20.5108, for a total outlay of about €5.74 million. The purchases, carried out on the MTAA market by Goldman Sachs International acting independently, correspond to roughly 0.111% of the company’s outstanding ordinary shares.

Following these latest transactions, Lottomatica now holds 15,526,854 treasury shares, equal to 6.170% of its outstanding ordinary share capital, underscoring a sustained commitment to shareholder remuneration and balance-sheet optimization. The incremental buybacks may support earnings per share and signal management’s confidence in the company’s valuation, with potential implications for liquidity and free float in the Italian gaming sector.

The most recent analyst rating on (IT:LTMC) stock is a Buy with a EUR26.30 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. is an Italy-based gaming and betting operator focused on lotteries, sports betting and online gaming services. The company targets the regulated Italian market, operating a large network of retail points and digital platforms, and is listed on the Italian stock exchange, where it actively manages its capital structure through treasury share programs.

Average Trading Volume: 920,245

Technical Sentiment Signal: Hold

Current Market Cap: €5.12B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1