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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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The latest announcement is out from Tamburi Investment Partners Spa ( (IT:TIP) ).

Tamburi Investment Partners S.p.A. has executed a share buyback plan, purchasing 89,180 ordinary shares, which is 0.048% of its share capital, at an average price of 7.7761 euros per share, totaling 693,476.09 euros. This move, conducted through Equita Sim S.p.A., increases TIP’s treasury shares to 11.347% 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 Buy with a EUR13.40 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 focuses on investing in entrepreneurial excellence with a long-term perspective, strategic accompaniment, and value growth. TIP has invested over 5 billion euros in both listed and unlisted companies, including well-known names like Alpitour, Amplifon, and Moncler.

YTD Price Performance: -5.81%

Average Trading Volume: 171,554

Technical Sentiment Signal: Sell

Current Market Cap: €1.31B

For a thorough assessment of TIP stock, go to TipRanks’ Stock Analysis page.

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