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The latest announcement is out from Kruso Kapital S.P.A. ( (IT:KK) ).
Kruso Kapital’s Board of Directors has approved a new Framework Resolution for purchasing tax credits from Banca Sistema, which will be used to offset various tax-related payments. This strategic move is expected to enhance Kruso Kapital’s financial operations by leveraging tax credits, potentially strengthening its market position and offering benefits to stakeholders.
More about Kruso Kapital S.P.A.
Kruso Kapital, part of the Banca Sistema Group and listed on the Euronext Growth Milan segment of Borsa Italiana, operates in the pawn credit business and auction market for precious items, artworks, and collectibles. The company is active in Italy, Greece, and Portugal through brands like ProntoPegno and Credito Economico Popular, and it also runs the Art-Rite auction house.
YTD Price Performance: 0.52%
Average Trading Volume: 1,800
Technical Sentiment Signal: Sell
Current Market Cap: €47.99M
For an in-depth examination of KK stock, go to TipRanks’ Stock Analysis page.