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Promotica S.p.A. Expands Share Buyback Program

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Promotica S.p.A. Expands Share Buyback Program

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

Promotica S.p.A. has announced the purchase of 1,000 of its own shares at an average price of €2.18 each, as part of a program authorized by its shareholders and board of directors. This transaction, conducted through Integrae SIM, brings the total number of shares owned by the company to 43,000, representing 0.25% of its share capital, reflecting a strategic move to manage its equity holdings.

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 November 2020. The company specializes in providing comprehensive consultancy services for promotional planning and development across various sectors including Retail, Food, Pharmaceutical, and Services. Founded in 2003, Promotica offers services that cover the entire promotional process, from design to result measurement. In 2024, the company reported consolidated revenues of €96.0 million and an EBITDA of €6.0 million.

Average Trading Volume: 7,038

Technical Sentiment Signal: Buy

Current Market Cap: €37.32M

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

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