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Iveco Shares Surge on 4Q Result, Plan for First Share Buyback

Por: MarketWatch Business February 10, 2023

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The truck and commercial vehicle company said that it would propose to buy back up to 10 million common shares for a total amount of up to 130 million euros ($139.7 million). If approved at the company's shareholder meeting in April, it would be the company's first buyback and would last 18 months, Iveco said. The company swung to a EUR89 million quarterly profit, compared with a EUR93 million net loss in the last quarter of 2021, on... + full article



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