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Telecom Italia SPA ( (IT:TITR) ) has provided an announcement.
TIM’s Shareholders’ Meeting approved the 2024 financial statements, revealing a significant net loss of over 1.24 billion euros, which was covered using the legal reserve. The meeting also endorsed various remuneration policies and long-term incentive plans to align management and shareholder interests. Additionally, several amendments to the Articles of Association were discussed, with some approved and others rejected, impacting corporate governance and shareholder rights. The company also addressed the right of withdrawal for shareholders dissenting on specific amendments, with conditions set for its execution.
The most recent analyst rating on (IT:TITR) stock is a Hold with a EUR0.38 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 S.p.A. (TIM) operates in the telecommunications industry, providing a range of services including fixed and mobile telephony, internet, and digital services. The company primarily focuses on the Italian market and is a key player in the telecommunications sector in Italy.
Average Trading Volume: 35,190,644
Technical Sentiment Signal: Buy
Current Market Cap: €8.88B
For a thorough assessment of TITR stock, go to TipRanks’ Stock Analysis page.