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Brembo SPA ( (IT:BRE) ) has shared an update.
Brembo N.V. has initiated the first phase of a share buyback program, aiming to repurchase up to 1% of its ordinary shares to stabilize trading, support stock liquidity, and make a medium to long-term investment. This move is part of a broader plan approved by shareholders to repurchase up to 10 million shares, with the first phase running until October 6, 2025, managed by Intesa Sanpaolo under strict regulatory compliance.
The most recent analyst rating on (IT:BRE) stock is a Hold with a EUR10.50 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
Brembo S.p.A. operates in the automotive industry, specializing in the production of high-performance braking systems. The company focuses on innovation and quality, serving a global market with a strong emphasis on the automotive sector.
Average Trading Volume: 588,851
Technical Sentiment Signal: Sell
Current Market Cap: €4.57B
See more insights into BRE stock on TipRanks’ Stock Analysis page.