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Cyberoo S.p.A. Acquires 19,000 Own Shares to Bolster Market Position

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Cyberoo S.p.A. Acquires 19,000 Own Shares to Bolster Market Position

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The latest update is out from Cyberoo S.p.A. ( (IT:CYB) ).

Cyberoo S.p.A. announced the purchase of 19,000 of its own shares on the Euronext Growth Milan Market, as part of a previously approved share buyback program. This acquisition, which represents 4.75% of the total shares in the program, is aimed at strengthening the company’s market position and potentially enhancing 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., listed on the Euronext Growth Milan Market, is an innovative SME specializing in cybersecurity for businesses. The company focuses on protecting, monitoring, and managing IT ecosystems for mid-sized businesses, offering a comprehensive portfolio of enterprise solutions tailored to meet market spending capabilities.

Average Trading Volume: 54,409

Technical Sentiment Signal: Sell

Current Market Cap: €63.99M

Learn more about CYB stock on TipRanks’ Stock Analysis page.

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