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Fidia S.p.A. Shareholders Approve Office Transfer and Statute Amendments

Story Highlights
  • Fidia S.p.A. is a leader in numerical control technology for automotive and aerospace sectors.
  • Fidia’s shareholders approved moving the registered office to Turin and amending the statute.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Fidia S.p.A. Shareholders Approve Office Transfer and Statute Amendments

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Fidia Spa ( (IT:FDA) ) just unveiled an update.

The Shareholders’ Meeting of Fidia S.p.A. approved the transfer of the company’s registered office from San Mauro Torinese to Turin, along with amendments to several articles of the company’s statute. These changes align with the Board of Directors’ proposals and are part of the company’s ongoing efforts to streamline operations and enhance its strategic positioning in the market.

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. is a leader in numerical control technology and integrated systems for calculation, scanning, and milling of complex shapes. The company is listed on the Euronext Milan market of Borsa Italiana and specializes in high-performance integrated milling systems, primarily serving the automotive and aerospace sectors. 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.

YTD Price Performance: -95.11%

Average Trading Volume: 419,286

Technical Sentiment Signal: Strong Sell

Current Market Cap: €4.29M

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

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