Convergenze S.p.A. Expands Share Buyback Program

The latest update is out from Convergenze SpA Societa Benefit ( (IT:CVG) ).

Convergenze S.p.A. Società Benefit announced the purchase of 1,000 own shares at an average price of 1.6200 Euros per share, totaling 1,620.00 Euros, as part of a share buyback program approved in December 2023. This transaction increases the company’s total ownership to 153,000 shares, representing 2.041% of its share capital, reflecting 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 active in the Telecommunications and 100% green Energy sectors. The company operates nationally with its patented EVO network for electric vehicle charging and a proprietary fiber optic network. Established in 2005, Convergenze has expanded from internet and fixed-line services to trading electricity from renewable sources and natural gas. It emphasizes sustainability, innovation, and corporate social responsibility, having become a Società Benefit in 2020 and a B-Corp in 2025.

YTD Price Performance: 1.84%

Average Trading Volume: 20

Technical Sentiment Signal: Hold

Current Market Cap: €12.52M

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