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RES S.p.A. Announces Share Capital Increase to Strengthen Financial Position

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RES S.p.A. Announces Share Capital Increase to Strengthen Financial Position

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An update from Recupero Etico Sostenibile S.p.A ( (IT:RES) ) is now available.

RES S.p.A. has announced a change in its share capital following a capital increase aimed exclusively at qualified and foreign institutional investors. This move, involving the issuance of 3,508,771 new ordinary shares, is expected to bolster the company’s financial position and enhance its operational capabilities in the waste management sector.

The most recent analyst rating on (IT:RES) stock is a Buy with a EUR12.10 price target. To see the full list of analyst forecasts on Recupero Etico Sostenibile S.p.A stock, see the IT:RES Stock Forecast page.

More about Recupero Etico Sostenibile S.p.A

Recupero Etico Sostenibile S.p.A. (RES) is a company with over 30 years of experience in the Circular Economy and environmental sustainability sector. It specializes in the entire waste management process, focusing on recycling and reuse of waste materials. The company operates primarily in the province of Isernia, Italy, and is listed on the Euronext Growth Milan market.

Average Trading Volume: 7,540

Technical Sentiment Signal: Hold

Current Market Cap: €82.54M

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

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