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Promotica S.P.A. ( (IT:PMT) ) has issued an announcement.
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. This transaction is part of a broader program approved by the shareholders and board, aimed at managing the company’s share capital. Following this purchase, Promotica holds 44,000 own shares, representing 0.26% of its share capital. This move is aligned with Promotica’s strategic efforts to optimize its financial structure and enhance shareholder value.
The most recent analyst rating on (IT:PMT) stock is a Buy with a EUR6.50 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 leading Italian company in the loyalty sector, listed on the Euronext Growth Milan market since 2020. Founded in 2003, the company specializes in providing comprehensive consultancy services for promotional planning and development across various sectors, including Retail, Food, Pharmaceutical, and Services. Promotica offers services such as promotional operations design, communication campaign creation, Made in Italy product creation, prize procurement, logistics services, data monitoring, and results measurement. In 2024, the company reported consolidated revenues of €96.0 million and an EBITDA of €6.0 million.
Average Trading Volume: 7,100
Technical Sentiment Signal: Buy
Current Market Cap: €36.64M
For detailed information about PMT stock, go to TipRanks’ Stock Analysis page.