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Recupero Etico Sostenibile S.p.A ( (IT:RES) ) has shared an announcement.
Recupero Etico Sostenibile S.p.A. has announced resolutions from its recent Shareholders’ Meeting, including the establishment of a reserve for a future free increase of share capital and a delegation to the Board of Directors to increase share capital. These moves aim to support the company’s investment program for a new production unit and amend several statutory articles, potentially impacting its operational flexibility and market positioning.
The most recent analyst rating on (IT:RES) stock is a Buy with a EUR11.50 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) operates in the Circular Economy and environmental sustainability sector, focusing on waste management from selection to transformation for recycling and reuse. Founded in 1989, RES is listed on the Euronext Growth Milan market and emphasizes technological research to enhance environmental protection and worker safety. The company operates three plant centers in the province of Isernia, Italy, optimizing logistical and economic benefits.
Average Trading Volume: 4,470
Technical Sentiment Signal: Sell
Find detailed analytics on RES stock on TipRanks’ Stock Analysis page.