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Indel B S.p.A. ( (IT:INDB) ) just unveiled an announcement.
Indel B S.p.A. announced the purchase of 750 of its own shares as part of a share buyback program, representing 0.013% of its total ordinary shares. This strategic move, executed on Euronext Milan, is part of a broader initiative to consolidate its market position and potentially enhance shareholder value.
The most recent analyst rating on (IT:INDB) stock is a Hold with a EUR21.00 price target. To see the full list of analyst forecasts on Indel B S.p.A. stock, see the IT:INDB Stock Forecast page.
More about Indel B S.p.A.
Indel B S.p.A. is a company listed on the EXM segment of Borsa Italiana, controlled by AMP.FIN S.r.l., and owned by the Berloni family. The company leads a global group active for 50 years in the mobile refrigeration sector, catering to the automotive, leisure time, and hospitality sectors. It also operates in mobile air conditioning, focusing on commercial vehicles and specialized machinery, and in cooling appliances, such as wine cellars and small refrigerators.
YTD Price Performance: -13.35%
Average Trading Volume: 2,256
Technical Sentiment Signal: Strong Sell
Current Market Cap: €108.5M
Find detailed analytics on INDB stock on TipRanks’ Stock Analysis page.