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Telecom Italia SPA ( (IT:TITR) ) has issued an announcement.
Telecom Italia SPA has announced the registration of a resolution from its Extraordinary Shareholders’ Meeting, allowing shareholders who did not support the resolution to exercise their right of withdrawal. This decision impacts shareholders holding ordinary and savings shares, offering them a specified liquidation value for their shares if they choose to withdraw. The process for exercising this right is detailed, requiring shareholders to submit a withdrawal declaration by July 10, 2025. This move may affect the company’s shareholder structure and financial strategy, as it provides an option for dissenting shareholders to exit their investment.
The most recent analyst rating on (IT:TITR) stock is a Hold with a EUR0.36 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 SPA, operating under the brand name TIM, is a major player in the telecommunications industry. The company provides a wide range of services including fixed and mobile telephony, internet, and digital solutions, primarily focusing on the Italian market.
Average Trading Volume: 35,193,455
Technical Sentiment Signal: Buy
Current Market Cap: €8.68B
Learn more about TITR stock on TipRanks’ Stock Analysis page.