Poste Italiane stock enters a new phase after 85.823 percent TIM stake offered by the user.4.0
Published on 10/04/2026 at 19:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Poste Italiane stock was last at EUR 24.49 on Euronext Milan on October 2, 2026, down 0.16 percent on the session and 16.9 percent below its 52-week high of EUR 29.48. The central corporate development is the completed TIM offer, which leaves Poste with an 85.823 percent stake and moves the group into a formal integration phase.
TIM control reaches 85.823 percent
Teleborsa reported on September 29, 2026, that the final results of the reopened offer would give Poste 1,832,941,911 TIM shares, equal to 85.823 percent of TIM's capital at the October 2 payment date. The result stays below the 90 percent threshold associated with the direct squeeze-out route.
The consideration for shares tendered during the reopening consisted of 0.218 newly issued Poste shares and EUR 1.97 in cash per TIM share. Poste also planned to issue 89,375,988 new shares for that second phase, making dilution a concrete part of the transaction for Poste shareholders.
Integration now moves to execution
On September 30, 2026, TG Poste reported that Poste's board approved rules for direction and coordination over TIM. The framework covers strategic objectives, industrial and management policies, information flows and functional coordination while preserving TIM's legal autonomy.
That governance step changes the investor question from offer arithmetic to operational delivery. The group has to coordinate telecom infrastructure and technology with Poste's payments, financial, insurance and logistics activities, while the stock remains 16.9 percent below its yearly high.
First-half growth supports the valuation
Poste Italiane reported first-half 2026 revenue of EUR 6.84 billion, up 5.9 percent from the same period a year earlier. Adjusted EBIT increased 6.8 percent to EUR 1.77 billion, while net income rose 3.5 percent to EUR 1.21 billion, according to MarketScreener.
Analyst expectations remain above the October 2 market price. MarketScreener lists a Buy consensus from 13 analysts and an average 12-month target of EUR 29.49, with a spread of EUR 16.50 to EUR 35.20. Against EUR 24.49, the average target lies 20.4 percent above the stock price.
Equita raised its target from EUR 27.40 to EUR 31.00 on September 10, 2026, and kept a Buy recommendation, according to Teleborsa. Its valuation assumes full control of TIM and therefore depends on integration benefits that are not yet reflected in first-half standalone results.
Poste Italiane stock stays below its high
Poste Italiane stock was last at EUR 24.49 on Euronext Milan on October 2, 2026, at 5:37 p.m. CEST. The session range was EUR 24.11 to EUR 24.65, volume reached 8,740,901 shares and market capitalization stood at EUR 31.7 billion.
Poste Italiane stock facts
- Company: Poste Italiane S.p.A.
- ISIN: IT0003796171
- Ticker: PST
- Trading venue: Euronext Milan
- Price (as of October 2, 2026, 5:37 p.m. CEST): EUR 24.49
- Market capitalization: EUR 31.7 billion (as of October 2, 2026)
- 52-week range: EUR 19.28-29.48 (as of October 2, 2026)
- Sector / Industry: Financial services
- Index membership: FTSE MIB
Upcoming dates for Poste Italiane stock
- November 11, 2026: Approval of the interim report for the period ended September 30
- November 12, 2026: Q3 and nine-month 2026 results presentation
- November 23, 2026: Ex-dividend date for the 2026 interim dividend
- November 25, 2026: Payment of the 2026 interim dividend
