Intred SpA ( (IT:ITD) ) has shared an update.
Intred S.p.A. announced the purchase of 239 own shares between March 24 and March 28, 2025, at an average price of 10.800 Euros per share, totaling 2581.25 Euros. This transaction is part of a broader program approved by shareholders for the purchase and disposal of own shares, initiated by the Board of Directors. As a result, Intred now holds 31,378 own shares, representing 0.1975% of its share capital. This strategic move could potentially strengthen the company’s market position and provide value to its stakeholders.
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 offers a range of services including broadband and ultra-broadband connectivity, fixed wireless access, fixed telephony, and cloud services. With a fiber optic network spanning over 13,500 kilometers, Intred serves professional, public administration, and residential customers, ensuring high-quality service and assistance. The company reported over €55.2 million in revenue as of December 31, 2024.
YTD Price Performance: 9.85%
Average Trading Volume: 5,712
Technical Sentiment Signal: Sell
Current Market Cap: €177.4M
For a thorough assessment of ITD stock, go to TipRanks’ Stock Analysis page.