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Safilo Group’s Key Executive Exercises Stock Options

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Safilo Group’s Key Executive Exercises Stock Options

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The latest announcement is out from Safilo Group SpA ( (IT:SFL) ).

Safilo Group S.p.A. announced the subscription of 130,000 ordinary shares by Vladimiro Baldin, the Chief Licensed Brands and Global Product Officer, following the exercise of options under the company’s 2020-2022 Stock Option Plan. This transaction reflects the company’s ongoing efforts to incentivize key personnel and aligns with its strategic initiatives to enhance shareholder value and support its capital structure.

The most recent analyst rating on (IT:SFL) stock is a Buy with a EUR1.62 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, focusing on the design, production, and distribution of optical frames and sunglasses. The company is known for its licensed brands and global product offerings, catering to a diverse market across various regions.

Average Trading Volume: 1,547,210

Technical Sentiment Signal: Buy

Current Market Cap: €632.1M

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

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