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Recupero Etico Sostenibile S.p.A ( (IT:RES) ) has issued an announcement.
RES S.p.A. announced a significant change in its shareholding structure, with CEO Antonio Valerio transferring 980,000 shares, or 7.72% of the company’s capital, to A.L.V. Srl, a company attributable to him. This transfer consolidates Valerio’s control through A.L.V. Srl, which now holds 34.49% of the shares, potentially impacting the company’s strategic direction and stakeholder interests.
More about Recupero Etico Sostenibile S.p.A
Recupero Etico Sostenibile S.p.A (RES) operates in the Circular Economy and environmental sustainability sector, focusing on waste management processes from selection to recycling and reuse. Founded in 1989, RES is headquartered in the province of Isernia, Italy, and is known for its commitment to technological research for environmental protection and worker safety. The company operates three plant centers in the region, contributing to local economic development.
Average Trading Volume: 5,940
Technical Sentiment Signal: Hold
Find detailed analytics on RES stock on TipRanks’ Stock Analysis page.