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Recupero Etico Sostenibile S.p.A ( (IT:RES) ) has shared an update.
RES S.p.A. has approved the conversion of 2,000,000 Price Adjustment Shares into Ordinary Shares, maintaining the share capital unchanged. This decision follows a successful fiscal year where the company exceeded its EBITDA target of 11 million euros, achieving 11.2 million euros. The conversion reflects RES’s strong financial performance and commitment to operational efficiency, potentially enhancing its market position and providing economic benefits to the local territory.
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 including selection, treatment, transformation, and recycling. Founded in 1989 in the province of Isernia, the company emphasizes technological research to enhance environmental protection and worker safety, with operations concentrated in three plant hubs in the province of Isernia.
YTD Price Performance: -27.37%
Average Trading Volume: 6,406
Technical Sentiment Signal: Hold
For detailed information about RES stock, go to TipRanks’ Stock Analysis page.