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Cyberoo S.p.A. ( (IT:CYB) ) has provided an update.
Cyberoo S.p.A. has initiated a program to purchase its own shares on Euronext Growth Milan, following a resolution by its Board of Directors. This program aims to support stock liquidity, facilitate trading, and establish a stock warehouse for strategic operations. The program, executed by MIT SIM S.p.A., will acquire up to 400,000 shares worth a total of one million euros and will conclude by June 6, 2025. It aims to stabilize share prices and provide financial flexibility for future business maneuvers.
More about Cyberoo S.p.A.
Cyberoo S.p.A., listed on the Euronext Growth Milan Market of Borsa Italiana, is an innovative small to medium enterprise specializing in cybersecurity for businesses. The company provides comprehensive enterprise solutions aimed at protecting, monitoring, and managing IT systems, primarily targeting medium-sized businesses with competitive pricing.
YTD Price Performance: -25.24%
Average Trading Volume: 36,471
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €65.65M
For detailed information about CYB stock, go to TipRanks’ Stock Analysis page.