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Recupero Etico Sostenibile Announces Major Shareholder Agreement

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Recupero Etico Sostenibile Announces Major Shareholder Agreement

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Recupero Etico Sostenibile S.p.A ( (IT:RES) ) has shared an update.

Recupero Etico Sostenibile S.p.A. has announced a substantial change in its ownership structure following a shareholder agreement involving Antonio Valerio and associated parties. This agreement, which involves 78.76% of the company’s share capital, aims to consolidate voting power and influence the composition of the Board of Directors, potentially impacting the company’s strategic direction.

The most recent analyst rating on (IT:RES) stock is a Buy with a EUR12.10 price target. To see the full list of analyst forecasts on Recupero Etico Sostenibile S.p.A stock, see the IT:RES Stock Forecast page.

More about Recupero Etico Sostenibile S.p.A

Recupero Etico Sostenibile S.p.A (RES) operates in the Circular Economy and environmental sustainability sector, focusing on the waste management process, including selection, treatment, and transformation for recycling and reuse. Founded in 1989, RES is headquartered in Isernia and is known for its technological research to enhance environmental protection and worker safety.

Average Trading Volume: 7,337

Technical Sentiment Signal: Hold

Current Market Cap: €81.53M

For an in-depth examination of RES stock, go to TipRanks’ Overview page.

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