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Tamburi Investment Partners Spa ( (IT:TIP) ) has provided an announcement.
Tamburi Investment Partners S.p.A. has executed a share buyback plan, purchasing 17,976 ordinary shares on the Euronext Milan market at an average price of 8.6465 euros, totaling 155,429.95 euros. This move, authorized by the shareholders’ meeting, increases TIP’s treasury shares to 11.683% of the share capital, potentially enhancing shareholder value and reflecting confidence in the company’s future performance.
The most recent analyst rating on (IT:TIP) stock is a Hold with a EUR9.00 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 invests in entrepreneurial excellence with a long-term perspective, focusing on strategic accompaniment and value growth. TIP has invested over 5 billion euros in both listed and unlisted companies, including notable names such as Alpitour, Amplifon, and Moncler.
YTD Price Performance: 5.15%
Average Trading Volume: 155,189
Technical Sentiment Signal: Strong Buy
Current Market Cap: €1.46B
For an in-depth examination of TIP stock, go to TipRanks’ Overview page.