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

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

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Cyberoo S.p.A. ( (IT:CYB) ) has issued an announcement.

Cyberoo S.p.A. announced the purchase of 5,100 of its own shares on the Euronext Growth Milan Market, as part of a share buyback program approved earlier in the year. This acquisition, which represents 1.275% of the total shares subject to the program, 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 listed on the Euronext Growth Milan Market, specializing in cybersecurity solutions for medium-sized businesses. The company offers a comprehensive portfolio of enterprise solutions designed to protect, monitor, and manage IT ecosystems, leveraging advanced technologies to provide cost-effective services.

Average Trading Volume: 60,365

Technical Sentiment Signal: Sell

Current Market Cap: €68.34M

See more insights into CYB stock on TipRanks’ Stock Analysis page.

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