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The latest update is out from Convergenze SpA Societa Benefit ( (IT:CVG) ).
Convergenze S.p.A. Società Benefit has executed a share buyback program, purchasing 3,500 of its own shares for a total value of 5,840 euros. This strategic move increases its total ownership to 132,500 shares, representing 1.767% of its share capital. The buyback reflects the company’s ongoing commitment to shareholder value and its proactive financial management strategy.
More about Convergenze SpA Societa Benefit
Convergenze S.p.A. Società Benefit is an integrated technology operator in the 100% green Telecommunications and Energy sectors, established in 2005. The company operates a nationwide network of electric vehicle charging points and provides internet and fixed-line services. Since 2015, it has expanded into the renewable energy sector, trading electricity and natural gas. Convergenze is committed to sustainability and corporate social responsibility, becoming a Società Benefit in 2020.
YTD Price Performance: -3.07%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €11.99M
For detailed information about CVG stock, go to TipRanks’ Stock Analysis page.
