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Telecom Italia SPA ( (IT:TITR) ) has provided an update.
Telecom Italia (TIM) has confirmed that a previously approved voluntary reduction of its share capital has become effective following the expiry of the 90‑day creditor opposition period with no objections. The company’s share capital has been cut from €11.68 billion to €6 billion without altering the number of ordinary or savings shares outstanding, thereby lowering the implicit accounting value per share.
TIM has allocated €681.36 million from the reduction to the legal reserve, bringing it to one fifth of the post‑reduction share capital while also considering coverage of the 2025 financial loss, with the remaining amount moved to an available equity reserve. The move restructures the company’s equity without immediate dilution for shareholders, potentially improving balance sheet efficiency and providing greater flexibility in how TIM manages reserves and future losses.
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 S.p.A. (TIM) is a major Italian telecommunications operator providing fixed-line and mobile services, data connectivity, and digital solutions to consumer and business customers. The group plays a central role in Italy’s telecoms infrastructure and competes in a highly regulated market, where capital structure and financial flexibility are closely watched by investors and creditors.
Average Trading Volume: 43,455,332
Technical Sentiment Signal: Buy
Current Market Cap: €14.92B
For detailed information about TITR stock, go to TipRanks’ Stock Analysis page.