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Marzocchi Pompe S.p.A. ( (IT:MARP) ) just unveiled an update.
Marzocchi Pompe S.p.A. announced the purchase of 750 of its own shares as part of a treasury share buyback program, approved earlier in the year. The transaction, executed through Integrae SIM S.p.A., resulted in the company holding a total of 117,750 treasury shares, representing 1.8008% of its share capital. This strategic move is part of the company’s ongoing efforts to manage its capital structure effectively.
The most recent analyst rating on (IT:MARP) stock is a Buy with a EUR5.20 price target. To see the full list of analyst forecasts on Marzocchi Pompe S.p.A. stock, see the IT:MARP Stock Forecast page.
More about Marzocchi Pompe S.p.A.
Marzocchi Pompe S.p.A. is a prominent company specializing in the design, production, and marketing of high-performance gear pumps and motors. These products are utilized across various sectors, including industrial, mobile, and automotive. Established in 1949, the company remains under the control of the Marzocchi family, with operations based entirely in Italy and a presence in over 50 countries through an international distribution network.
Average Trading Volume: 5,535
Technical Sentiment Signal: Sell
Current Market Cap: €14.78M
For detailed information about MARP stock, go to TipRanks’ Stock Analysis page.