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The latest announcement is out from Safilo Group SpA ( (IT:SFL) ).
Safilo Group S.p.A. has initiated a share purchase program, authorized by its shareholders, to strategically manage financial resources and create a stock warehouse for future investment opportunities. The program, managed by Kepler Cheuvreux, will run from June 25, 2025, to December 31, 2025, and aims to purchase up to 15 million shares, representing 3.6% of shares in circulation, with a maximum countervalue of 18 million Euros. This move is expected to enhance Safilo’s operational flexibility and strengthen its market position.
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. is a global leader in the eyewear industry, known for designing, producing, and distributing a wide range of products including sunglasses, optical frames, helmets, and masks. The company integrates Italian design with technical and industrial innovation, supported by digital platforms. With a strong global presence, Safilo oversees the entire production and distribution chain, reaching approximately 100,000 points of sale worldwide. Its brand portfolio includes owned and licensed brands such as Carrera, Polaroid, Smith, and Tommy Hilfiger.
Average Trading Volume: 990,428
Technical Sentiment Signal: Sell
Current Market Cap: €339.7M
See more data about SFL stock on TipRanks’ Stock Analysis page.