Porto Aviation Group S.P.A. (IT:PAG) has released an update.
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Porto Aviation Group has executed a share buyback program, acquiring 1,050 ordinary shares on Euronext Growth Milan at an average price of €4.02, totaling €4,221. The initiative, aimed at incentivizing employees and facilitating strategic transactions, enhances the company’s flexibility in financial operations and supports stock liquidity. Porto Aviation Group, known for its production of single-engine aircraft and propellers, holds 8,750 own shares, representing 0.37% of its share capital.
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