Juventus to increase share capital by €300 million
28 November 2019
The Juventus board of directors have decided to exercise their mandate to increase the club's share capital by €300 million.
Andrea Agnelli, chairman of Juventus, believes the increase is necessary for the club to keep pace with their European competitors.
Juventus' board of directors, under the chairmanship of Andrea Agnelli, have decided to fully exercise their mandate - given by the extraordinary meeting of shareholders held on 24th October 2019 - to increase the share capital through a maximum of 322,485,328 newly issued ordinary shares, which corresponds to just below €300 million.
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