MIBA Cooperative Increases Emmi AG’s Free Float with Share Placement

Emmi AG ( (CH:EMMN) ) has provided an announcement.

MIBA Cooperative has successfully placed 110,000 registered shares of Emmi AG on the market, increasing the free float of Emmi’s capital from 39.5% to 41.6%. This strategic move was primarily targeted at institutional investors through Accelerated Bookbuilding, while MIBA has committed to a 12-month lock-up period, maintaining its position as a stable, long-term shareholder.

The most recent analyst rating on (CH:EMMN) stock is a Buy with a CHF1050.00 price target. To see the full list of analyst forecasts on Emmi AG stock, see the CH:EMMN Stock Forecast page.

More about Emmi AG

Emmi is the leading manufacturer of high-quality dairy products in Switzerland, with origins dating back to 1907. It has grown into an internationally active, publicly listed corporate group with a presence in 15 countries, known for innovative products like Emmi Caffè Latte and Kaltbach Cheese. Emmi operates 72 production sites across 13 countries, employs around 12,000 people, and generated sales of CHF 4.3 billion in 2024.

Average Trading Volume: 3,499

Current Market Cap: CHF4.35B

For a thorough assessment of EMMN stock, go to TipRanks’ Stock Analysis page.