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The latest announcement is out from Fidia Spa ( (IT:FDA) ).
Fidia S.p.A. has announced the conversion of 15 bonds into 150 million new shares, which will be admitted to trading on Euronext Milan without the need for a prospectus. This conversion fully subscribes the POC, increasing the company’s share capital to €17,123,000 and the total number of shares to 746,630,322, potentially enhancing its market position and shareholder value.
More about Fidia Spa
Fidia S.p.A., based in San Mauro Torinese, is a global leader in the design, production, and marketing of high-performance integrated milling systems, primarily used in the automotive and aerospace sectors. With over 40 years of experience, the company offers comprehensive solutions for the entire milling process, including numerical controls, high-speed milling systems, and CAM software for complex shapes.
Average Trading Volume: 8,579,948
Technical Sentiment Signal: Strong Sell
Current Market Cap: €931.9K
For detailed information about FDA stock, go to TipRanks’ Stock Analysis page.