(Finance) – Theshareholders’ meeting Of Valicaa company listed on Euronext Growth Milan and operating in the technological marketing sector with a focus on the tourism and food and wine sectors, has approved the balance for the financial year ended 31 December 2023 and the coverage of the loss as proposed by the Board of Directors, and authorized the purchase and disposal of treasury shares.
“We are pleased that the shareholders’ meeting voted in favor of the purchase of our company’s own shares. This decision reflects confidence in the financial solidity and future prospects of Valica – commented President Emiliano D’Andrea – The purchase of own shares will allow us to optimize the capital structure, improve the ratio between profits and shares outstanding and demonstrate our commitment to creating shareholder value. We have carefully planned this transaction, taking into account market conditions and available opportunities. We are confident that this strategy will help strengthen our position and ensure sustainable growth in the long term.”