Predict Seeks Renewal of Treasury Share Buyback Mandate

Predict S.P.A. Class B ( (IT:PRE) ) has provided an update.

Predict S.p.A.’s board has proposed that shareholders renew authorization for a share buyback program, replacing the unused portion of the mandate that is nearing expiry. The plan would allow the company to purchase up to €700,000 of its own shares, capped at 20% of share capital, over an 18‑month period under defined price and volume limits on Euronext Growth Milan.

The renewed authorization is designed to support share liquidity, fund employee and director incentive schemes, and provide stock to use as consideration in potential extraordinary transactions, including M&A and convertible instruments. The board is also seeking unlimited duration for the disposal of treasury shares to maximize strategic flexibility, noting that Predict currently holds 48,000 treasury shares, equal to 0.618% of its share capital.

The most recent analyst rating on (IT:PRE) stock is a Buy with a EUR1.45 price target. To see the full list of analyst forecasts on Predict S.P.A. Class B stock, see the IT:PRE Stock Forecast page.

More about Predict S.P.A. Class B

Predict S.p.A. is an innovative Italian med-tech SME focused on in vivo diagnostics, distributing ultrasound and radiological equipment while developing advanced breath analysis and digital healthcare technologies. The company is listed on Euronext Growth Milan and targets improved diagnostic capabilities through both hardware distribution and proprietary innovation in digital health tools.

Average Trading Volume: 26,285

Technical Sentiment Signal: Sell

Current Market Cap: €5.75M

Find detailed analytics on PRE stock on TipRanks’ Stock Analysis page.