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Intred S.p.A. Announces Stock Grant Plan 2024-2026

Story Highlights
  • Intred S.p.A. is a leading telecommunications operator in Lombardy, providing broadband and cloud services.
  • The company announced a stock grant plan to increase share capital and improve market positioning.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Intred S.p.A. Announces Stock Grant Plan 2024-2026

Confident Investing Starts Here:

An update from Intred SpA ( (IT:ITD) ) is now available.

Intred S.p.A. has announced the assignment of rights related to its ‘Stock Grant Plan 2024-2026′, following approval by the Shareholders’ Meeting. This plan will increase the company’s share capital by a maximum of Euro 20,192.00, resulting in 15,940,950 ordinary shares in circulation. The plan is designed for Intred employees and aims to enhance the company’s operational efficiency 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 in the Lombardy region, founded in 1996 by Daniele Peli. The company is listed on the Euronext Growth Milan market and 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 is known for its efficiency, profitability, and high-quality service.

Average Trading Volume: 4,292

Technical Sentiment Signal: Sell

Current Market Cap: €162.3M

For an in-depth examination of ITD stock, go to TipRanks’ Stock Analysis page.

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