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Safilo Group Completes Strategic Share Purchase Program

Story Highlights
  • Safilo Group operates in the eyewear industry, offering optical frames and sunglasses.
  • Safilo completed a share purchase, acquiring 493,060 shares to boost market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Safilo Group Completes Strategic Share Purchase Program

Elevate Your Investing Strategy:

Safilo Group SpA ( (IT:SFL) ) has provided an update.

Safilo Group S.p.A. has announced the completion of a share purchase program, acquiring 493,060 ordinary shares between July 7 and July 11, 2025, as part of a broader initiative authorized by its shareholders. This strategic move increases Safilo’s total holdings to approximately 2.99% of its outstanding shares, potentially strengthening its market position and indicating confidence in its future performance.

The most recent analyst rating on (IT:SFL) stock is a Buy with a EUR1.40 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, producing and distributing a wide range of optical frames, sunglasses, and sports eyewear. The company is known for its focus on design, quality, and innovation, catering to a global market with a portfolio of owned and licensed brands.

Average Trading Volume: 1,213,826

Technical Sentiment Signal: Buy

Current Market Cap: €454M

For detailed information about SFL stock, go to TipRanks’ Stock Analysis page.

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