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MFE-MediaForEurope NV Class A ( (IT:MFEA) ) has provided an update.
MFE-MEDIAFOREUROPE N.V. announced that its extraordinary general meeting of shareholders approved an increase in the authorized share capital by amending its articles of association. This decision specifically affects the ordinary shares of class ‘A’, raising the overall authorized share capital to 173,676,622.14 euros, potentially impacting the company’s financial strategy and shareholder value.
The most recent analyst rating on (IT:MFEA) stock is a Sell with a EUR3.10 price target. To see the full list of analyst forecasts on MFE-MediaForEurope NV Class A stock, see the IT:MFEA Stock Forecast page.
More about MFE-MediaForEurope NV Class A
MFE-MEDIAFOREUROPE is an international holding company that consolidates leading European commercial broadcasting networks. It has its registered office in Amsterdam and tax residence in Italy, controlling Mediaset S.p.A. and Grupo Audiovisual Mediaset España Comunicación S.A., and is a major shareholder of the German network ProsiebenSat1. The company is listed on Euronext Milan and the Spanish stock exchanges.
Average Trading Volume: 864,630
Technical Sentiment Signal: Buy
Current Market Cap: €1.85B
For an in-depth examination of MFEA stock, go to TipRanks’ Overview page.