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Cyberoo S.p.A. ( (IT:CYB) ) has issued an update.
Cyberoo S.p.A. has announced a proposal by its Board of Directors to authorize the purchase and disposal of its own shares, subject to shareholder approval. This move aims to provide flexibility for future transactions, manage stock volatility, support compensation plans, and potentially offer free shares to shareholders, with a maximum purchase of 400,000 shares over 18 months. This strategy could enhance Cyberoo’s market positioning and operational agility.
More about Cyberoo S.p.A.
Cyberoo S.p.A., listed on the Euronext Growth Milan Market, is an innovative SME based in Emilia specializing in cybersecurity solutions for businesses. The company focuses on protecting, monitoring, and managing IT ecosystem information, targeting mid-sized businesses with a comprehensive portfolio of enterprise solutions.
YTD Price Performance: -15.57%
Average Trading Volume: 33,604
Technical Sentiment Signal: Buy
Current Market Cap: €73.93M
See more data about CYB stock on TipRanks’ Stock Analysis page.