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Nueva Expresion Textil, S.A. ( (ES:NXT) ) has issued an update.
Nextil announced a significant increase in its share capital by 12.59 million euros through the capitalization of credits held by its majority shareholder, Businessgate, S.L. This strategic financial maneuver, approved by the Extraordinary General Meeting, aims to strengthen Nextil’s financial structure and solidify its market position, reflecting a robust partnership with Businessgate.
More about Nueva Expresion Textil, S.A.
Nueva Expresion Textil, S.A., also known as Nextil, operates in the textile industry, focusing on manufacturing and production services. The company collaborates closely with its majority shareholder to maintain its market position.
YTD Price Performance: 2.44%
Average Trading Volume: 479,787
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €133.9M
For an in-depth examination of NXT stock, go to TipRanks’ Stock Analysis page.