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Intred SpA ( (IT:ITD) ) has issued an announcement.
Intred S.p.A. has executed a share buyback program, purchasing 200 shares at an average price of 9.490 Euro each, totaling 1,898.00 Euro. This operation, conducted through Intermonte SIM S.p.A., increases Intred’s total ownership to 42,206 shares, representing 0.2656% of its share capital, reflecting the company’s strategic financial management and potential positive impact on shareholder value.
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. The company, listed on the Euronext Growth Milan market since 2018, offers broadband and ultra-broadband connectivity, fixed wireless access, fixed telephony, cloud services, and related accessory services. Intred manages a fiber optic network of over 14,000 kilometers, serving Professional, Public Administration, and Residential customers, and boasts a scalable business model with significant revenue.
Average Trading Volume: 7,291
Technical Sentiment Signal: Sell
Current Market Cap: €150.8M
See more insights into ITD stock on TipRanks’ Stock Analysis page.