STAR is the market segment of Borsa Italiana’s equity market (MTA) dedicated to midsize companies with a capitalization of less than 1 billion euros, which voluntarily adhere to and comply with the following strict requirements:
- High transparency and high disclosure requirements
- High liquidity (free float of minimum 35% )
- Corporate Governance in line with international standards (i.e. a set of rules that determine the company’s management)
Italian and foreign institutional investors as well as private investors appreciate the high quality of the STAR segment. The companies listed on STAR are leaders in their industry and they represent Italy’s economic diversity and strong competitiveness.
On February 25, 2015, the 67 companies listed on the STAR segment represent 28% of Borsa Italiana’s MTA listed companies.
Borsa Italiana, during the years, continuously supports the visibility of the STAR Companies towards the Institutional Investors, especially through several roadshows, which bring the companies to the world’s most important financial marketplaces such as London and Milan.