Convergenze S.p.A. Executes Share Buyback Program

Convergenze SpA Societa Benefit ( (IT:CVG) ) has provided an update.

Convergenze S.p.A. Società Benefit has executed a share buyback program, purchasing 1,000 shares at an average price of 1.9300 Euros per share, totaling 1,930.00 Euros. This operation increases the company’s ownership to 168,000 shares, representing 2.241% 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 Telecommunications and 100% green Energy sectors. The company operates nationwide in Italy, offering internet and fixed-line services, and has expanded into the energy sector, trading electricity from renewable sources and natural gas. Established in 2005, Convergenze is committed to sustainability, innovation, and corporate social responsibility, and is recognized as a Società Benefit and B-Corp.

Average Trading Volume: 14,333

Technical Sentiment Signal: Buy

Current Market Cap: €14.54M

For detailed information about CVG stock, go to TipRanks’ Stock Analysis page.