Telecom Italia Finalizes €5.7 Billion Share Capital Reduction Without Share Changes

Telecom Italia SPA ( (IT:TITR) ) has shared an announcement.

Telecom Italia has completed a voluntary reduction of its share capital after the legally required 90-day creditor opposition period expired without objections, making the resolution adopted in January 2026 fully effective. The company’s share capital has been cut from €11.68 billion to €6 billion without changing the number of shares, lowering the implicit accounting value per share while preserving the existing capital structure.

Part of the €5.68 billion reduction has been allocated to the legal reserve, bringing it up to one-fifth of the post-reduction share capital, also covering the 2025 financial year loss, with the remaining amount moved into an available equity reserve. The move strengthens TIM’s balance sheet flexibility and reserve structure without diluting shareholders, potentially improving the company’s financial profile and capital management options.

The most recent analyst rating on (IT:TITR) stock is a Hold with a EUR0.55 price target. To see the full list of analyst forecasts on Telecom Italia SPA stock, see the IT:TITR Stock Forecast page.

More about Telecom Italia SPA

Telecom Italia (TIM S.p.A.) is a major Italian telecommunications group providing fixed-line and mobile services, data connectivity, and related digital solutions. The company focuses on the Italian and selected international markets, serving retail and business customers with voice, broadband, and integrated communication services.

Average Trading Volume: 43,455,332

Technical Sentiment Signal: Buy

Current Market Cap: €14.92B

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