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Tamburi Investment Partners Executes Share Buyback Plan

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Tamburi Investment Partners Executes Share Buyback Plan

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Tamburi Investment Partners Spa ( (IT:TIP) ) has provided an announcement.

Tamburi Investment Partners S.p.A. has executed a share buyback plan, purchasing 101,634 ordinary shares, which equates to 0.055% of its share capital, at an average price of 8.6990 euros per share, totaling 884,114.91 euros. This move increases TIP’s treasury shares to 12.051% of its share capital, potentially enhancing shareholder value and signaling 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 S.p.A. It focuses on investing in entrepreneurial excellence with a long-term view, strategic accompaniment, and value growth. TIP has invested over 5 billion euros in both listed and unlisted companies, including notable names like Alpitour, Amplifon, and Moncler.

YTD Price Performance: 6.61%

Average Trading Volume: 225,557

Technical Sentiment Signal: Buy

Current Market Cap: €1.48B

Find detailed analytics on TIP stock on TipRanks’ Stock Analysis page.

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