BasicNet S.p.A. Strengthens Position with Share Buyback

BasicNet SPA (IT:BAN) has released an update.

BasicNet S.p.A. has recently acquired 153,650 shares as part of its ongoing share buyback program, bringing its total ownership to over 5.2 million shares. This move represents nearly 10% of the company’s share capital and over 6% of voting rights, reflecting a strategic effort to consolidate its market position.

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