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Cyberoo S.p.A. ( (IT:CYB) ) has provided an announcement.
Cyberoo S.p.A. has announced the purchase of 10,000 of its own shares, representing 2.50% of the total shares in the purchase program, at an average price of Euro 1.671, totaling Euro 16,733.38. This strategic move, part of a broader share buyback program approved earlier in the year, aims to strengthen the company’s market position and potentially enhance shareholder value.
The most recent analyst rating on (IT:CYB) stock is a Hold with a EUR3.20 price target. To see the full list of analyst forecasts on Cyberoo S.p.A. stock, see the IT:CYB Stock Forecast page.
More about Cyberoo S.p.A.
Cyberoo S.p.A. is an innovative SME based in Emilia, listed on the Euronext Growth Milan Market, specializing in cybersecurity solutions for businesses. The company focuses on protecting, monitoring, and managing IT ecosystems, targeting medium-sized businesses with a comprehensive portfolio of enterprise solutions developed using advanced technologies.
Average Trading Volume: 61,397
Technical Sentiment Signal: Sell
Current Market Cap: €70M
For detailed information about CYB stock, go to TipRanks’ Stock Analysis page.