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Safilo Group Advances Share Purchase Program, Boosting Market Position

Story Highlights
  • Safilo Group operates in the eyewear industry, focusing on optical frames and sunglasses.
  • Safilo acquired 575,000 shares, raising its holdings to 3.54% of outstanding shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Safilo Group Advances Share Purchase Program, Boosting Market Position

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Safilo Group SpA ( (IT:SFL) ) has issued an announcement.

Safilo Group S.p.A. announced the execution of its share purchase program, acquiring 575,000 ordinary shares between August 4 and August 8, 2025, at an average price of 1.254419 euros per share. This acquisition increases Safilo’s total holdings to approximately 3.54% of its outstanding shares, reflecting the company’s strategic efforts to consolidate its market position and potentially enhance shareholder value.

The most recent analyst rating on (IT:SFL) stock is a Buy with a EUR1.30 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. operates in the eyewear industry, specializing in the design, production, and distribution of optical frames, sunglasses, and sports eyewear. The company focuses on delivering high-quality products and has a significant presence in the global eyewear market.

Average Trading Volume: 1,391,696

Technical Sentiment Signal: Buy

Current Market Cap: €520.3M

Learn more about SFL stock on TipRanks’ Stock Analysis page.

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