An update from Intred SpA ( (IT:ITD) ) is now available.
Intred S.p.A. recently purchased 842 of its own shares at an average price of 10.233 Euros per share, totaling 8,616.35 Euros, as part of a share buyback program approved in 2024. This operation, executed through Intermonte SIM S.p.A., brings the company’s total holdings to 32,220 shares, representing 0.2028% of its share capital, reflecting a strategic move to manage its equity and potentially enhance shareholder value.
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, listed since 2018 on the Euronext Growth Milan market, offers 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 efficiency, profitability, and high-quality service.
YTD Price Performance: 2.46%
Average Trading Volume: 4,871
Technical Sentiment Signal: Strong Buy
Current Market Cap: €165.5M
For an in-depth examination of ITD stock, go to TipRanks’ Stock Analysis page.