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OVS S.p.A. Launches 20 Million Euro Share Buyback Program

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OVS S.p.A. Launches 20 Million Euro Share Buyback Program

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OVS S.p.A. ( (IT:OVS) ) has shared an update.

OVS S.p.A. has announced the initiation of a new share buyback program valued at 20 million Euros, allowing for the repurchase of up to 6 million shares. This program aims to stabilize stock prices, support market liquidity, and potentially increase share value, with Equita SIM S.p.A. appointed as the independent intermediary to manage the execution.

The most recent analyst rating on (IT:OVS) stock is a Buy with a EUR3.80 price target. To see the full list of analyst forecasts on OVS S.p.A. stock, see the IT:OVS Stock Forecast page.

More about OVS S.p.A.

Average Trading Volume: 577,605

Technical Sentiment Signal: Buy

Current Market Cap: €952.8M

See more data about OVS stock on TipRanks’ Stock Analysis page.

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