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An update from Reway Group SpA ( (IT:RWY) ) is now available.
Reway Group S.p.A. announced a significant change in its major shareholders, with Indépendance AM surpassing the 5% threshold of ordinary shares. This development reflects the evolving ownership structure of Reway Group, which may impact its market positioning and stakeholder interests within the expanding infrastructure sector.
More about Reway Group SpA
Reway Group S.p.A. is the leading Italian company in the road and highway infrastructure rehabilitation sector, with a unique capability in railway network maintenance. Established in December 2021 from a merger of several companies, Reway Group provides engineering design, financial planning, procurement, and technical management services to its subsidiaries. The company operates with over 500 employees and a modern fleet of more than 300 vehicles, aiming to address the growing infrastructure sector in Italy and abroad.
YTD Price Performance: 3.19%
Average Trading Volume: 14,115
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €244.6M
For an in-depth examination of RWY stock, go to TipRanks’ Stock Analysis page.