Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Convergenze SpA Societa Benefit ( (IT:CVG) ) has provided an announcement.
Convergenze S.p.A. Società Benefit has executed a share buyback program, acquiring 4,000 shares at an average price of 1.9050 Euros per share, totaling 7,620.00 Euros, between May 12 and May 16, 2025. This operation increases the company’s total ownership to 164,000 shares, representing 2.187% of its share capital, reflecting its strategic financial management and commitment to enhancing shareholder value.
The most recent analyst rating on (IT:CVG) stock is a Buy with a EUR4.25 price target. To see the full list of analyst forecasts on Convergenze SpA Societa Benefit stock, see the IT:CVG Stock Forecast page.
More about Convergenze SpA Societa Benefit
Convergenze S.p.A. Società Benefit is an integrated technology operator active in the 100% green Telecommunications and Energy sectors across Italy. The company, founded in 2005 in Capaccio Paestum, initially focused on internet and fixed-line services and later expanded into the Energy sector as a trader of renewable electricity and natural gas. Convergenze emphasizes sustainability and corporate social responsibility, having become a Società Benefit in 2020 and a B-Corp in 2025.
YTD Price Performance: 10.47%
Average Trading Volume: 13,953
Technical Sentiment Signal: Buy
Current Market Cap: €14.24M
Find detailed analytics on CVG stock on TipRanks’ Stock Analysis page.