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Neodecortech Expands Treasury Share Holdings with Recent Purchase

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Neodecortech SpA ( (IT:NDT) ) has issued an announcement.

Neodecortech S.p.A. announced the purchase of 2,170 treasury shares as part of its ongoing share buyback program, at a weighted average price of 2.7769 Euros per share, totaling 6,025.80 Euros. This transaction increases the company’s total treasury shares to 600,170, representing 4.221% of its share capital, which may impact its financial strategy and shareholder value.

More about Neodecortech SpA

Neodecortech S.p.A. is a prominent European company specializing in the production of decorative surfaces for laminated panels and flooring within the interior design sector. The company offers a comprehensive range of products, including decorative papers, decorative prints, finish foil, melamine film, PPF and PPLF, laminates, and Eos anti-fingerprint surfaces, covering all stages of production from raw material management to logistics.

YTD Price Performance: -3.55%

Average Trading Volume: 6,540

Technical Sentiment Signal: Buy

Current Market Cap: €38.4M

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

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