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Neodecortech SpA ( (IT:NDT) ) has issued an update.
Neodecortech S.p.A. announced the purchase of 3,700 of its own shares as part of an ongoing share buyback program, signaling a strategic move to potentially enhance shareholder value and manage share capital effectively. This transaction, conducted between January 13 and January 17, 2025, adds to the company’s total of 534,400 own shares, representing 3.759% of its share capital, potentially impacting stakeholders by demonstrating confidence in the company’s market position.
More about Neodecortech SpA
Neodecortech S.p.A. is a leading European operator in the production of decorative surfaces for melamine panels and flooring, primarily serving the interior design sector. The company offers a wide range of products including decorative paper, decorative prints, finish foil, melamine film, PPF and PPLF, laminates, and Eos anti-fingerprint surfaces, encompassing the complete production process from raw materials to finished products.
YTD Price Performance: 4.61%
Average Trading Volume: 5,250
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €41.65M
See more insights into NDT stock on TipRanks’ Stock Analysis page.
