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Intred SpA ( (IT:ITD) ) has provided an update.
Intred S.p.A. has announced a change in its share capital following the allocation of 31,550 ordinary shares as part of its Stock Grant Plan 2024-2026. This capital increase, approved by the Shareholders’ Meeting in April 2024, reflects Intred’s strategic move to enhance its market positioning and operational capabilities, potentially benefiting stakeholders through increased share value and company growth.
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 in the Lombardy region, founded in 1996. The company is listed on the Euronext Growth Milan market of the Italian Stock Exchange since 2018. Intred provides broadband and ultra-broadband connectivity, fixed wireless access, fixed telephony, cloud services, and related ancillary services to professional, public administration, and residential customers. With a fiber optic network of over 14,000 kilometers, Intred ensures efficiency, profitability, and high-quality service.
Average Trading Volume: 6,710
Technical Sentiment Signal: Sell
Current Market Cap: €155.3M
For detailed information about ITD stock, go to TipRanks’ Stock Analysis page.