Lottomatica approves Cirsa merger and Lottomatica stock costs EUR 24.61

Published on 10/09/2026 at 12:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Merger terms set a 0.668 share ratio on October 9, 2026. Lottomatica stock costs EUR 24.61 versus EUR 24.56, up 0.20 percent.

Key points in brief

Lottomatica Group and CIRSA boards approved a cross-border merger project on October 9, 2026.
The proposed exchange ratio is 0.668 new Lottomatica shares for each CIRSA share.
Lottomatica stock was trading at EUR 24.61 at Lang & Schwarz, plus 0.20 percent versus EUR 24.56.
The next earnings call is scheduled for November 3, 2026, while shareholder meetings are planned for late November.

Lottomatica, IT0005541336, Illustration mit AI erstellt.

Lottomatica Group S.p.A. (ISIN IT0005541336) was trading at EUR 24.61 at Lang & Schwarz on October 9, 2026 at 12:56 p.m. CEST, plus 0.20 percent versus the prior close of EUR 24.56. On October 9, the boards of Lottomatica and CIRSA Enterprises approved their common cross-border merger project, as Repubblica.it reported.

Three steps toward the merger

The corporate timeline began on September 9, 2026, when Lottomatica announced purchases of 245,000 shares for EUR 5.8 million, according to MarketScreener. On September 23, 2026, it reported a further repurchase of 285,692 shares for EUR 7.8 million, as Zonebourse reported.

The latest step is the merger approval dated October 9, 2026. The deal still requires shareholder and regulatory approvals, so the board decision is a milestone rather than the closing of the transaction.

What does the merger change?

For each CIRSA ordinary share, holders are due 0.668 newly issued Lottomatica shares, with no cash component, according to Repubblica.it. The combined business is described as having EUR 34.0 billion of revenue, while the proposed transaction is expected to become effective in the second quarter of 2027, according to Democrata.

The structure also sets a clear calendar for shareholders. Lottomatica's investor page lists November 3, 2026, for the earnings call on nine-month results, while the merger assemblies are expected by the end of November 2026.

Stock trades near its yearly high

Lottomatica's EUR 24.61 Lang & Schwarz quote is EUR 3.68 below the 52-week high of EUR 28.29, based on the same October 9, 2026 market snapshot. The 52-week low is EUR 18.66, placing the current quote EUR 5.95 above that level.

The stock remains listed on Euronext Milan under ticker LTMC. The combination therefore adds transaction execution and regulatory milestones to the next earnings date as key reference points for the market.

Merger approval sets the next milestones

Lottomatica was trading at EUR 24.61 at Lang & Schwarz on October 9, 2026 at 12:56 p.m. CEST, up 0.20 percent versus the prior close of EUR 24.56. The further course of trading is shown by the continuously updated real-time quote of Lottomatica stock.