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Promotica S.p.A. Acquires Additional Own Shares

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Promotica S.p.A. Acquires Additional Own Shares

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Promotica S.P.A. ( (IT:PMT) ) just unveiled an update.

Promotica S.p.A. announced the purchase of 1,000 of its own shares at an average price of €2.14 per share, totaling €2,140, as part of a program approved by its shareholders and board. This transaction, executed through Integrae SIM, increases Promotica’s total ownership to 52,000 shares, representing 0.30% of its share capital, reflecting the company’s strategic move to manage its equity structure.

The most recent analyst rating on (IT:PMT) stock is a Buy with a EUR7.50 price target. To see the full list of analyst forecasts on Promotica S.P.A. stock, see the IT:PMT Stock Forecast page.

More about Promotica S.P.A.

Promotica S.p.A. is a prominent Italian company in the loyalty sector, listed on the Euronext Growth Milan market since 2020. Founded by Diego Toscani in 2003, it specializes in providing comprehensive promotional planning and development services across various industries, including Retail, Food, Pharmaceutical, and Services. The company offers a range of services from designing promotional operations to logistics and data monitoring, and it reported consolidated revenues of €96.0 million in 2024.

Average Trading Volume: 6,320

Technical Sentiment Signal: Sell

Current Market Cap: €36.3M

For a thorough assessment of PMT stock, go to TipRanks’ Stock Analysis page.

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