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Nueva Expresion Textil, S.A. ( (ES:NXT) ) has issued an update.
Nextil has announced a significant financial maneuver involving an increase in its share capital by 12,594,040.80 euros, registered on December 27, 2024. This was achieved through the capitalization of credits held by its majority shareholder, Businessgate, S.L., as per participative loan agreements. This operation, approved by the Extraordinary General Meeting, signifies a strategic move to strengthen the company’s financial standing, impacting its consolidated assets significantly.
More about Nueva Expresion Textil, S.A.
Nueva Expresión Textil, S.A. (Nextil) is a company operating in the textile industry. The company focuses on manufacturing and distributing textile products and services, catering to various market segments.
YTD Price Performance: 6.76%
Average Trading Volume: 469,033
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €137.7M
For a thorough assessment of NXT stock, go to TipRanks’ Stock Analysis page.
