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Intred S.p.A. Acquires Own Shares to Strengthen Market Position

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Intred S.p.A. Acquires Own Shares to Strengthen Market Position

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The latest announcement is out from Intred SpA ( (IT:ITD) ).

Intred S.p.A. announced the purchase of 1,964 of its own shares between June 16 and June 20, 2025, at an average price of 9.882 Euros per share, totaling 19,408.80 Euros. This move is part of a broader program approved by the shareholders to manage the company’s shares, reflecting a strategic effort to optimize its capital structure. As of June 20, 2025, Intred holds 37,271 own shares, representing 0.2346% of its share capital, indicating a proactive approach to managing shareholder value and market positioning.

The most recent analyst rating on (IT:ITD) stock is a Buy with a EUR16.50 price target. To see the full list of analyst forecasts on Intred SpA stock, see the IT:ITD Stock Forecast page.

More about Intred SpA

Intred S.p.A. is a leading telecommunications operator based in the Lombardy region, founded in 1996. The company, listed on the Euronext Growth Milan market since 2018, offers broadband and ultra-broadband connectivity, fixed access wireless, fixed telephony, cloud services, and related ancillary services. With a fiber optic network spanning over 14,000 kilometers, Intred serves Professional, Public Administration, and Residential customers, ensuring high service quality and efficiency through direct infrastructure management. The company reported over €13.9 million in revenue as of March 31, 2025.

Average Trading Volume: 5,971

Technical Sentiment Signal: Sell

Current Market Cap: €156.9M

For detailed information about ITD stock, go to TipRanks’ Stock Analysis page.

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