Convergenze S.p.A. Increases Share Ownership in Strategic Move

Convergenze SpA Societa Benefit ( (IT:CVG) ) just unveiled an update.

Convergenze S.p.A. Società Benefit has acquired 2,000 of its own shares at an average price of 1.9250 Euro per share, totaling 3,850.00 Euro, as part of a share purchase and disposal program. This acquisition increases the company’s total ownership to 160,000 shares, representing 2.134% of its share capital, potentially strengthening its market position and reflecting its strategic financial management.

More about Convergenze SpA Societa Benefit

Convergenze S.p.A. Società Benefit is an integrated technology operator active in the green Telecommunications and Energy sectors across Italy. Established in 2005, the company offers internet and fixed-line services and has expanded into the energy sector, trading electricity from renewable sources and natural gas. Convergenze is committed to sustainability and corporate social responsibility, operating as a Società Benefit and B-Corp.

YTD Price Performance: 11.63%

Average Trading Volume: 13,907

Technical Sentiment Signal: Buy

Current Market Cap: €14.39M

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