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Fidia S.p.A. Announces Share Capital Increase Following Bond Conversion

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Fidia S.p.A. Announces Share Capital Increase Following Bond Conversion

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Fidia Spa ( (IT:FDA) ) has shared an update.

Fidia S.p.A. announced a change in its share capital following the conversion of bonds into ordinary shares, resulting in an increase of the share capital by Euro 600,000.00. The total number of shares has risen from 12,452,385 to 15,227,312, all of which are traded on Euronext Milan. This adjustment reflects Fidia’s strategic financial maneuvering to enhance its market position and operational capacity.

The most recent analyst rating on (IT:FDA) stock is a Sell with a EUR0.50 price target. To see the full list of analyst forecasts on Fidia Spa stock, see the IT:FDA Stock Forecast page.

More about Fidia Spa

Fidia S.p.A., based in San Mauro Torinese, is a leading global company in the design, production, and marketing of high-performance integrated milling systems. These systems are primarily used in the mold sector for the automotive and aerospace industries. With over 50 years of experience and approximately 135 employees, Fidia offers comprehensive solutions for the entire milling process, including numerical controls, high-speed milling systems, and CAM software for complex shapes.

Average Trading Volume: 472,294

Technical Sentiment Signal: Strong Sell

Current Market Cap: €1.83M

For detailed information about FDA stock, go to TipRanks’ Stock Analysis page.

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