tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Intred S.p.A. Enhances Shareholder Value with Strategic Share Buyback

Story Highlights
Intred S.p.A. Enhances Shareholder Value with Strategic Share Buyback

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

Intred S.p.A. announced the purchase of 1,187 own shares between September 1 and September 5, 2025, at an average price of 9.588 Euros per share, totaling 11,381.46 Euros. This transaction is part of a broader share buyback program approved earlier in the year, reflecting the company’s strategic focus on enhancing shareholder value. Following this purchase, Intred holds 45,289 own shares, representing 0.2850% of its share capital, which may impact its market positioning and investor confidence.

The most recent analyst rating on (IT:ITD) stock is a Buy with a EUR16.00 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 prominent telecommunications operator based in the Lombardy region, founded in 1996. It offers broadband and ultra-broadband connectivity, fixed access wireless, fixed telephony, cloud services, and related ancillary services. The company has a fiber optic network spanning over 14,250 kilometers and serves Professional, Public Administration, and Residential clients. Intred is known for its efficient, profitable, and high-quality service delivery, supported by direct management of its infrastructure. It has been listed on the Euronext Growth Milan market since 2018 and reported revenues exceeding €27.8 million as of June 30, 2025.

Average Trading Volume: 5,147

Technical Sentiment Signal: Sell

Current Market Cap: €154.3M

See more data about ITD stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1