Quarterly summary of the activity carried out to support the liquidity of the shares of IGD
Reference is made to the program aimed at enhancing the liquidity of the shares of IGD – Immobiliare Grande Distribuzione SIIQ S.p.A. listed on the Mercato Telematico Azionario – STAR segment, disclosed to the market on 4 August 2017, that was renewed until 04/09/2020, in accordance with market practice n. 1 issued by CONSOB in […]
Compelling returns for shareholders in 2019
IGD’s stock price rose 15.2% in 2019 and provided a Total Shareholder Return of 25.5%. Even at recent levels, however, the stock is still trading at an ample discount compared to its NNNAV per share of €10.92 and the consensus target price of €7.83 which indicates that the stock is still significantly undervalued.