Leonardo S.p.a. (LDO.MI)
Milan - Milan Delayed Price. Currency in EUR
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At close: 05:37PM CEST
| Previous Close | 23.09 |
| Open | 23.09 |
| Bid | 23.62 x 0 |
| Ask | 23.70 x 0 |
| Day's Range | 23.07 - 23.82 |
| 52 Week Range | 9.90 - 23.99 |
| Volume | |
| Avg. Volume | 3,847,250 |
| Market Cap | 13.56B |
| Beta (5Y Monthly) | 1.18 |
| PE Ratio (TTM) | 19.32 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.14 (0.60%) |
| Ex-Dividend Date | May 22, 2023 |
| 1y Target Est | N/A |
- Reuters
Leonardo focuses on European alliances as it trims DRS stake in US
Italy's Leonardo is trimming its stake in U.S. unit DRS as new CEO Roberto Cingolani looks to expand the state-controlled group with major roles in European defence projects. Leonardo late on Wednesday said it would launch a public secondary offering of 16.5 million shares, or a 6.3% minority stake in DRS, worth about $344 million, according to Reuters calculations, reducing its holding to just below 74%. The proceeds would increase the defence contractor's flexibility to finance accretive investments and acquisitions, it added in a statement.
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