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Seri Industrial S.p.A. ( (IT:SERI) ) has provided an announcement.
Seri Industrial S.p.A. has granted its President the authority to convene an Ordinary Shareholders’ Meeting scheduled for March 6, 2025, to discuss the authorization for purchasing and disposing of treasury shares. This move allows the company to manage liquidity, utilize excess funds, and align with future industrial and financial strategies. The authorization permits purchasing up to 20% of the share capital and aims to support strategic corporate actions without reducing share capital.
More about Seri Industrial S.p.A.
Seri Industrial S.p.A. is a company listed on the EXM market of Borsa Italiana, focused on accelerating the energy transition towards sustainability and decarbonization. The company operates through three subsidiaries: Seri Plast, which produces and recycles plastic materials for various sectors; FIB, known for producing and recycling lead and lithium batteries for multiple applications; and Menarini, which manufactures public transport vehicles with an emphasis on sustainable mobility through electric vehicles.
YTD Price Performance: 0.0%
Average Trading Volume: 522
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €130.4M
Learn more about SERI stock on TipRanks’ Stock Analysis page.
