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Safilo Group SpA ( (IT:SFL) ) just unveiled an announcement.
Safilo Group S.p.A. has updated its share capital composition following the issuance of 35,308 new ordinary shares to support the company’s stock option plan. Despite the additional shares, the overall share capital remains unchanged. This move underscores Safilo’s strategy to retain and incentivize talent, aligning stakeholder interests and demonstrating the company’s commitment to long-term growth and innovation in the eyewear industry.
The most recent analyst rating on (IT:SFL) stock is a Buy with a EUR2.00 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 is an internationally renowned eyewear company with over 90 years of experience in creating, producing, and distributing a wide range of products such as sunglasses, prescription frames, helmets, and outdoor glasses. The company integrates Italian design and innovation with advanced digital platforms. Safilo operates across the entire production and distribution chain, maintaining a significant global presence with direct subsidiaries in 40 countries and partnerships in 70 more, serving around 100,000 points of sale worldwide. It also manages a diverse portfolio of proprietary and licensed brands, and its shares are listed on the Euronext Milan.
Average Trading Volume: 1,253,251
Technical Sentiment Signal: Buy
Current Market Cap: €778.9M
See more insights into SFL stock on TipRanks’ Stock Analysis page.