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Italmobiliare completes share buyback program
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business1d ago

Italmobiliare completes share buyback program

  • Italmobiliare completed its share buyback program, purchasing 11,732 treasury shares from April 13 to 17.
  • The average purchase price was EUR 28.9475 per share, totaling EUR 339,612.35.
  • Post-buyback, Italmobiliare holds 484,053 treasury shares, about 1.1% of its share capital.
  • The buyback program began on March 16 and has now concluded.
  • Italmobiliare's stock rose about 2.4% to EUR 30.00 after the news.
  • Alliance News provided the report on Italmobiliare's buyback and treasury position.
  • Italmobiliare is an Italy-based investment holding with segments including Caffe' Borbone and Italgen.
  • The report notes the buyback was in line with a March 16 initiation date and a 2025 shareholder resolution.
  • Treasury shares amount and percentage reflect the program's impact on capital structure.
  • The Marketscreener summary includes after-hours price data and market context for Italmobiliare.
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