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Convergenze SpA Societa Benefit ( (IT:CVG) ) has issued an update.
Convergenze S.p.A. has repurchased 500 shares as part of a share repurchase and disposal program, bringing its total ownership to 133,500 shares, or 1.781% of the share capital. This move reflects the company’s strategic financial management and commitment to enhancing shareholder value while maintaining compliance with relevant legal and regulatory standards.
More about Convergenze SpA Societa Benefit
Convergenze S.p.A. Società Benefit is an integrated technology operator in the Telecommunications and 100% green Energy sectors, offering services through a patented EVO network and a proprietary fiber optic network using XGS-PON technology. Founded in 2005, the company has evolved from providing internet and fixed-line services to becoming a national energy trader, focusing on renewable electricity and natural gas. As a Società Benefit and B-Corp, Convergenze emphasizes sustainability, innovation, and social responsibility.
YTD Price Performance: 5.52%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €13.27M
For an in-depth examination of CVG stock, go to TipRanks’ Stock Analysis page.
