tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

TIM Shareholders Back Board Appointments, Capital Reduction and Savings-Share Conversion

Story Highlights
  • TIM’s proxy solicitation led to strong shareholder support for confirming two new directors and formalizing recent board changes.
  • Investors approved a €6 billion capital reduction and the conversion of savings shares into ordinary shares, simplifying TIM’s equity structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
TIM Shareholders Back Board Appointments, Capital Reduction and Savings-Share Conversion

Claim 50% Off TipRanks Premium

An announcement from Telecom Italia SPA ( (IT:TITR) ) is now available.

TIM has disclosed the outcome of its proxy solicitation for the 28 January 2026 Ordinary and Extraordinary Shareholders’ Meeting, indicating that proxies representing just over 1% of its share capital were validly collected and used to vote on key governance and capital-structure items. Based on these instructions, shareholders largely backed the confirmation of Alessandra Perrazzelli and Lorenzo Cavalaglio as directors, a voluntary reduction of the company’s share capital to €6 billion with reallocation to legal and distributable reserves, and the conversion of savings shares into ordinary shares with a cash adjustment, moves that streamline the company’s equity structure and may enhance governance flexibility and share liquidity for investors.

The most recent analyst rating on (IT:TITR) stock is a Hold with a EUR0.69 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 Italy’s incumbent telecommunications operator, providing fixed and mobile telephony, broadband, ultra-broadband, and data services to retail and business customers, with a strategic focus on next‑generation networks and digital services in its domestic market and selected international operations.

Average Trading Volume: 33,810,526

Technical Sentiment Signal: Buy

Current Market Cap: €12.86B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1