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Neodecortech S.p.A. Advances Share Buyback Program with Recent Purchase

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Neodecortech S.p.A. Advances Share Buyback Program with Recent Purchase

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Neodecortech SpA ( (IT:NDT) ) has shared an update.

Neodecortech S.p.A. announced the purchase of 4,000 of its own shares between March 10 and March 14, 2025, as part of its ongoing share buyback program. This transaction, conducted at an average price of 2.8363 Euro per share, reflects the company’s strategic financial management and aims to strengthen its market position, holding 4.016% of its share capital post-purchase.

More about Neodecortech SpA

Neodecortech S.p.A. is a leading European company specializing in the production of decorative surfaces for melamine panels and flooring, primarily serving the interior design sector. The company provides comprehensive solutions for interior design projects, covering the entire production process from raw material management to logistics, and offers a diverse range of products including decorative papers, prints, finish foils, melamine films, laminates, and anti-fingerprint surfaces.

YTD Price Performance: 0.71%

Average Trading Volume: 5,097

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €40.1M

Learn more about NDT stock on TipRanks’ Stock Analysis page.

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