ILPRA SpA Strengthens Position with Share Buyback

ILPRA SpA (IT:ILP) has released an update.

ILPRA SpA, a leading SME in the packaging sector, recently purchased 1,800 of its own shares at an average price of 4.9633 euros each, totaling 8,934 euros, as part of its ongoing share buyback program. This move reflects ILPRA’s strategic initiative to manage its share capital effectively, with the company now holding 1.5% of its own shares. Renowned for continuous R&D investments and innovative packaging solutions, ILPRA maintains a strong international presence with 65% of its revenue generated abroad.

For further insights into IT:ILP stock, check out TipRanks’ Stock Analysis page.