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The latest announcement is out from Tamburi Investment Partners Spa ( (IT:TIP) ).
Tamburi Investment Partners S.p.A. announced a share buyback plan, purchasing 61,686 ordinary shares, which is 0.033% of its share capital, at an average price of 8.7255 euros per share, totaling 538,240.56 euros. This move increases TIP’s treasury shares to 11.996% of its share capital, potentially enhancing shareholder value and reflecting confidence in the company’s future prospects.
The most recent analyst rating on (IT:TIP) stock is a Hold with a EUR9.00 price target. To see the full list of analyst forecasts on Tamburi Investment Partners Spa stock, see the IT:TIP Stock Forecast page.
More about Tamburi Investment Partners Spa
Tamburi Investment Partners S.p.A. (TIP) is an independent and diversified industrial group listed on the Euronext STAR Milan segment of Borsa Italiana. The company invests in entrepreneurial excellence with a focus on long-term perspective, strategic support, and value growth. TIP has invested over 5 billion euros in both listed and unlisted companies, including notable names such as Alpitour, Amplifon, and Moncler.
Average Trading Volume: 237,155
Technical Sentiment Signal: Buy
Current Market Cap: €1.49B
See more insights into TIP stock on TipRanks’ Stock Analysis page.