Convergenze SpA Societa Benefit ( (IT:CVG) ) has shared an update.
Convergenze S.p.A. Società Benefit has recently executed a share buyback program, purchasing 4,000 shares at an average price of 1.6288 Euro per share, totaling 6,515.00 Euro. This operation increases the company’s holding to 152,000 own shares, representing 2.027% of its share capital, and reflects its strategic financial management and commitment to enhancing shareholder value.
More about Convergenze SpA Societa Benefit
Convergenze S.p.A. Società Benefit is an integrated technology operator in the green Telecommunications and Energy sectors, operating nationally in Italy. Established in 2005, the company offers internet and fixed telephony services and has expanded into the energy sector, trading electricity from renewable sources and natural gas. It emphasizes sustainability, innovation, and green mobility, and operates as a Benefit Company and B-Corp, promoting an inclusive and regenerative economic system.
YTD Price Performance: -1.23%
Average Trading Volume: 20
Technical Sentiment Signal: Strong Buy
Current Market Cap: €12.14M
For a thorough assessment of CVG stock, go to TipRanks’ Stock Analysis page.