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Safilo Group SpA ( (IT:SFL) ) has provided an update.
Safilo Group S.p.A. has completed its share buyback programme, originally announced in June 2025 and carried out under a mandate from the shareholders’ meeting, after fully using the €18 million in cash allocated to the initiative. Over the course of the programme, the company repurchased 12,245,488 ordinary shares, equal to about 2.95% of its share capital, at a weighted average price of approximately €1.47 per share, bringing its total treasury share position to 23,245,488 shares, or around 5.60% of outstanding stock. The move consolidates Safilo’s ownership of its own equity and may support capital management flexibility and shareholder value initiatives, while signalling confidence in the company’s prospects to the market.
The most recent analyst rating on (IT:SFL) stock is a Hold with a EUR1.70 price target. To see the full list of analyst forecasts on Safilo Group SpA stock, see the IT:SFL Stock Forecast page.
More about Safilo Group SpA
Safilo Group S.p.A. is an Italian eyewear company listed on Euronext Milan, focused on the design, manufacture and distribution of optical frames, sunglasses and related eyewear products for global fashion and lifestyle brands as well as its own labels.
YTD Price Performance: 95.92%
Average Trading Volume: 1,209,619
Technical Sentiment Signal: Buy
Current Market Cap: €758.2M
See more data about SFL stock on TipRanks’ Stock Analysis page.