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Mare Group Announces Change in Share Capital

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An update from Mare Engineering Group SpA ( (IT:MARE) ) is now available.

Mare Group S.p.A. has announced a change in its share capital following the subscription of 68,160 ordinary shares related to its public purchase and exchange offer for La SIA S.p.A. This adjustment reflects the company’s strategic efforts to enhance its market presence and integrate complementary resources, potentially impacting its operational dynamics and positioning within the industry.

More about Mare Engineering Group SpA

Founded in 2001, Mare Group is an engineering company listed on Euronext Growth Milan, focusing on innovation through proprietary technology platforms. With over 2,000 clients and a workforce of more than 500 people across 25 offices in five countries, the company is a key player in the innovation ecosystem, bolstered by significant R&D investments and 16 acquisitions since 2019.

Average Trading Volume: 48,976

Technical Sentiment Signal: Strong Buy

Current Market Cap: €65.27M

For an in-depth examination of MARE stock, go to TipRanks’ Overview page.

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