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Brembo SPA ( (IT:BRE) ) has issued an update.
Brembo has executed a share buyback program, acquiring 60,000 ordinary shares, representing 0.018% of total shares, at an average price of €9.167, totaling €550,030.20. This transaction increases Brembo’s treasury shares to 15,809,350, equating to 4.734% of its total ordinary shares, potentially enhancing shareholder value and signaling confidence in the company’s future prospects.
The most recent analyst rating on (IT:BRE) stock is a Buy with a EUR10.20 price target. To see the full list of analyst forecasts on Brembo SPA stock, see the IT:BRE Stock Forecast page.
More about Brembo SPA
YTD Price Performance: 5.10%
Average Trading Volume: 506,046
Technical Sentiment Signal: Hold
Current Market Cap: €4.72B
Learn more about BRE stock on TipRanks’ Stock Analysis page.