Fidia Spa ( (IT:FDA) ) has issued an announcement.
Fidia S.p.A. announced the conversion of 10 bonds into 50,000,000 new shares, which will be traded on Euronext Milan without the need for a prospectus due to regulatory exemptions. This move increases the company’s share capital and total number of shares, reflecting a strategic step in its financial operations, potentially impacting its market positioning and stakeholder interests.
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. The company primarily serves the mold sector for the automotive industry and the aerospace sector. With over 40 years of experience and around 133 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: 10,150,109
Technical Sentiment Signal: Strong Sell
Current Market Cap: €1.28M
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