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Carraro SpA (CARRA.MI)

CARRA.MI on Milan Stock Exchange

2.85EUR
11:35am EDT
Change (% chg)

€-0.04 (-1.31%)
Prev Close
€2.89
Open
€2.91
Day's High
€2.91
Day's Low
€2.84
Volume
84,076
Avg. Vol
330,943
52-wk High
€3.07
52-wk Low
€0.98

Latest Key Developments (Source: Significant Developments)

Carraro sets up joint-venture with Shandong Juming Group
Thursday, 22 Jun 2017 02:14am EDT 

June 22 (Reuters) - CARRARO SPA ::SIGNS JOINT-VENTURE AGREEMENT WITH SHANDONG JUMING GROUP.TO SET UP NEWCO AGRIMING AGRICULTURE EQUIPMENT CO. LTD, OF WHICH IT WILL OWN 49 PERCENT, WITH SHANDONG JUMING GROUP.OPERATION ENTAILS INVESTMENT OF EUR 8 MILLION OVER 3 YEARS BOTH FOR THE STAKE IN THE JOINT VENTURE AND THE STRENGTHENING OF CARRARO CHINA PRODUCTION CAPACITY.  Full Article

Carraro completes its capital increase fully subscribed for EUR 53.8 mln
Tuesday, 6 Jun 2017 05:49am EDT 

June 6 (Reuters) - CARRARO SPA ::SAID ON MONDAY IT HAS COMPLETED THE OFFER FOR UP TO 33.7 MILLION SHARES.AT THE END OF THE OFFER THERE HAVE BEEN SUBSCRIBED 106,428 ORDINARY SHARES, RELATED TO 136,836 UNAUTHORIZED RIGHTS, FOR A TOTAL VALUE OF 169,859 EUROS.AS THE RESULT, THE CAPITAL INCREASE IN OPTION IS FULLY SUBSCRIBED FOR A TOAL CONSIDERATION OF 53.8 MILLION EUROS.  Full Article

Carraro completes offer of unexercised rights for EUR 90,996
Wednesday, 31 May 2017 05:12am EDT 

May 31 (Reuters) - Carraro SpA ::136,836 UNEXERCISED RIGHTS HAVE BEEN SOLD FOR EUR 90,996, WHICH ALLOW THE SUBSCRIPTION OF 106,428 SHARES.  Full Article

Carraro reports 99.7 percent of its rights issue subscribed
Friday, 26 May 2017 12:41pm EDT 

May 26 (Reuters) - CARRARO SPA ::REPORTS 99.7 PERCENT OF ITS RIGHTS ISSUE SUBSCRIBED FOR EUR 53.7 MILLION.  Full Article

Carraro sets the terms of capital increase for up to 54 mln euros
Wednesday, 3 May 2017 05:44am EDT 

May 3 (Reuters) - Carraro SpA ::Said on Tuesday that the board approved the terms of the capital increase for up to 54 million euros ($58.90 million) approved by shareholders on June 27, 2016.Capital increase to be executed via the issue of up to 33,726,630 shares for a nominal value per share of 0.52 euro and an issue price of 1.596 per share.Seven new shares can be subscribed for every nine shares already owned.The offer price has a discount of about 21.3 pct compared to the Theoretical Ex Right Price (TERP) of the official stock market price of May 2.  Full Article

Carraro Q1 EBITDA up at EUR 15.9 mln
Wednesday, 3 May 2017 05:23am EDT 

May 3 (Reuters) - Carraro SpA ::Reported on Tuesday Q1 turnover 145.6 million euros ($158.85 million) versus 157.6 million euros a year ago.Q1 EBITDA 15.9 million euros versus 7 million euros a year ago.  Full Article

Carraro H1 net loss shrinks to EUR 2.8 mln, H1 turnover down 12.3 pct
Thursday, 28 Jul 2016 10:28am EDT 

Carraro SpA : H1 turnover 324.6 million euros ($360.14 million) versus 370 million euros a year ago . H1 net loss 2.8 million euros versus loss 5.8 million euros a year ago .In second half of the year expects, in line with the performance in the first half of the year, lower overall volumes compared to the same period last year.  Full Article

Carraro shareholders approve rights issue for up to EUR 54 mln
Monday, 27 Jun 2016 06:25am EDT 

Carraro SpA : Shareholders approve rights issue for up to 54 million euros ($59.42 million) . Shareholder Finaid committed to subscribing for 14 million euros .Shareholder Julia Dora Koranyi Arduini committed to subscribing for 20 million euros.  Full Article

Italy's market watchdog does not request mandatory tender offer on Carraro
Monday, 27 Jun 2016 02:40am EDT 

Carraro SpA : The Italian Securities and Exchange Commission (CONSOB) said on June 24 that there are no elements for the start of a mandatory tender offer on Carraro shares . Decision is related to the commitment of Julia Dora Koranyi Arduini to subscribe to Carraro capital increase .On October 26, 2015, Finaid sold an 18.27 percent stake in Carraro to Julia Dora Koranyi Arduini [nL8N12Q46I].  Full Article

Carraro SpA to restructure 260 million euro debt
Tuesday, 29 Dec 2015 06:30am EST 

Carraro SpA:Signs agreement with creditors for restructuring of 260 million euro debt.  Full Article