Montebalito (ES:MTB) has released an update.
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Montebalito held its Ordinary General Shareholders’ Meeting, reporting a negative fiscal result for 2023 and outlining its strategy for 2024, which includes a focus on real estate development in Spain, particularly in the Canary Islands, and exploring new financing avenues to boost investment capacity. The company also approved the acquisition and terms for buying back its shares and delegated authority to the Board of Directors to issue various securities within the next five years.
For further insights into ES:MTB stock, check out TipRanks’ Stock Analysis page.