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Tamburi Investment Partners Executes Share Buyback Plan

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Tamburi Investment Partners Executes Share Buyback Plan

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Tamburi Investment Partners Spa ( (IT:TIP) ) has shared an update.

Tamburi Investment Partners S.p.A. has executed a share buyback plan, purchasing 36,749 ordinary shares, which represents 0.020% of its share capital, at an average price of 8.2937 euros per share, totaling 304,784.01 euros. This move indicates TIP’s strategic approach to managing its capital structure and potentially enhancing shareholder value, as the company now holds 11.512% of its share capital in treasury shares.

The most recent analyst rating on (IT:TIP) stock is a Hold with a EUR8.00 price target. To see the full list of analyst forecasts on Tamburi Investment Partners Spa stock, see the IT:TIP Stock Forecast page.

More about Tamburi Investment Partners Spa

Tamburi Investment Partners S.p.A. (TIP) is an independent and diversified industrial group listed on the Euronext STAR Milan segment of Borsa Italiana. The company focuses on investing in entrepreneurial excellence with a long-term perspective, strategic accompaniment, and value growth. TIP has invested over 5 billion euros in both listed and unlisted companies, including well-known names such as Alpitour, Amplifon, and Moncler.

YTD Price Performance: 2.96%

Average Trading Volume: 170,811

Technical Sentiment Signal: Strong Buy

Current Market Cap: €1.43B

Learn more about TIP stock on TipRanks’ Stock Analysis page.

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