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Telecom Italia SPA ( (IT:TITR) ) just unveiled an announcement.
TIM S.p.A. has convened a shareholders’ meeting of holders of ordinary shares for 28 January 2026 in Milan to vote on board changes, a substantial share capital reduction and a sweeping simplification of its share structure. On the agenda are the appointment of two directors following recent resignations, a voluntary reduction of share capital to €6 billion with the freed-up amount reallocated to the legal reserve and an available equity reserve, and the conversion of savings shares into ordinary shares, including both an optional conversion with a cash adjustment for savings shareholders and a mandatory conversion for any remaining savings shares, also with cash adjustment. The moves, which entail amendments to several by-laws, are aimed at strengthening TIM’s capital structure, streamlining its equity profile and potentially improving governance and market liquidity, with voting to be exercised exclusively via a designated proxy representative under Italian securities law.
The most recent analyst rating on (IT:TITR) stock is a Hold with a EUR0.58 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 and mobile telephony, broadband and ultra-broadband connectivity, and related digital services to retail and business customers, with a primary market focus in Italy and a presence in selected international markets.
YTD Price Performance: 98.62%
Average Trading Volume: 25,656,028
Technical Sentiment Signal: Buy
Current Market Cap: €11.11B
For an in-depth examination of TITR stock, go to TipRanks’ Overview page.