Intred S.p.A. Executes Share Buyback as Part of Strategic Equity Management

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

Intred S.p.A. announced the purchase of 98 own shares between March 10 and March 14, 2025, at an average price of 10.799 Euros per share, totaling 1,058.30 Euros. This transaction is part of a program approved by shareholders for the purchase and disposal of own shares. Following this operation, Intred holds 31,098 own shares, representing 0.1957% of its share capital. This move is aligned with the company’s strategic initiatives to manage its equity structure effectively.

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 and provides broadband and ultra-broadband connectivity, fixed wireless access, fixed telephony, cloud services, and related ancillary services. With a fiber optic network of over 13,500 kilometers, Intred serves Professional, PA, and Residential customers, ensuring high-quality service and assistance. The company reported revenues of over €55.2 million as of December 31, 2024.

YTD Price Performance: 9.36%

Average Trading Volume: 6,475

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €176.6M

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