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Tamburi Investment Partners Spa ( (IT:TIP) ) just unveiled an announcement.
Tamburi Investment Partners S.p.A. announced a share buyback plan, purchasing 37,404 ordinary shares at an average price of 8.4870 euros, totaling 317,448.46 euros. This move reflects TIP’s strategic approach to managing its capital structure and may enhance shareholder value by reducing the number of shares outstanding, potentially increasing earnings per share.
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 through direct operations and club deals, with over 5 billion euros invested in both listed and unlisted companies. TIP’s portfolio includes well-known names such as Alpitour, Amplifon, and Hugo Boss, among others.
YTD Price Performance: 2.96%
Average Trading Volume: 156,235
Technical Sentiment Signal: Strong Buy
Current Market Cap: €1.43B
See more insights into TIP stock on TipRanks’ Stock Analysis page.