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Tamburi Investment Partners Spa ( (IT:TIP) ) has provided an update.
Tamburi Investment Partners S.p.A. has executed a share buyback plan, purchasing 42,278 ordinary shares, which represents 0.023% of its share capital, at an average price of 8.1719 euros per share. This transaction, carried out through Equita Sim S.p.A., reflects TIP’s strategy to manage its capital structure and potentially enhance shareholder value, as the company now holds 21,172,601 treasury shares, equating to 11.483% of its share capital.
The most recent analyst rating on (IT:TIP) stock is a Hold with a EUR8.00 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. It focuses on investing in entrepreneurial excellence, with over 5 billion euros invested in both listed and unlisted companies. TIP’s portfolio includes companies across various sectors such as tourism, fashion, technology, and engineering, including notable names like Alpitour, Amplifon, Hugo Boss, and Moncler.
YTD Price Performance: 0.16%
Average Trading Volume: 167,534
Technical Sentiment Signal: Buy
Current Market Cap: €1.39B
For an in-depth examination of TIP stock, go to TipRanks’ Overview page.