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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Piaggio & C SpA | BIT:PIA | Italy | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.022 | 1.04% | 2.134 | 2.134 | 2.138 | 2.152 | 2.116 | 2.12 | 237,376 | 11:18:14 |
From Jan 2020 to Jan 2025
MILAN (MF-Dow Jones)--Immsi SpA (IMS.MI), parent of Piaggio & C SpA (PIA.MI), has sold shares representing more than 1% of the Italian scooter maker, taking profit from the strong rise in its share price.
Immsi said in a statement Tuesday it had sold 5 million shares in Piaggio to Banca IMI SpA, a unit of Intesa Sanpaolo SpA (ISNPY, ISP.MI), which in turn would sell them to institutional investors.
A person familiar with the situation told MF-Dow Jones that Banca IMI had already sold the shares.
In Milan, Piaggio's shares ended down 2.07% at EUR2.60. But they are still 16.2% higher than they were three months ago, according to FactSet.
After the sale, Immsi has come to own 53.048% against a previous 54.393%, according to the statement.
-By Danilo Caselli, MF-Dow Jones; Gilles Castonguay, Dow Jones Newswires; +39 02 5821 9908; gilles.castonguay@dowjones.com
1 Year Piaggio & C Chart |
1 Month Piaggio & C Chart |
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