Tamburi Investment Partners Expands Share Buyback Program

Tamburi Investment Partners Spa ( (IT:TIP) ) has issued an update.

Tamburi Investment Partners S.p.A. announced the purchase of 113,270 ordinary shares on the Euronext Milan market as part of its share buyback plan authorized by the shareholders’ meeting. The shares were acquired at a weighted average price of 7.8373 euros, totaling 887,729.54 euros, increasing the company’s treasury shares to 11.197% of the share capital. This move reflects TIP’s strategic approach to managing its equity and enhancing shareholder value.

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 support, and value growth. TIP has invested over 5 billion euros in both direct operations and club deals, holding investments in various listed and unlisted companies such as Alpitour, Amplifon, Apoteca Natura, and Moncler.

YTD Price Performance: -10.13%

Average Trading Volume: 204,020

Technical Sentiment Signal: Sell

Current Market Cap: €1.27B

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