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Intred SpA ( (IT:ITD) ) has issued an announcement.
Intred S.p.A. announced the purchase of 599 own shares as part of its share buyback and disposal program, with a total countervalue of 6,249.40 Euros. This transaction, conducted between February 3 and February 7, 2025, increased Intred’s total own shares to 31,000, representing 0.1951% of its share capital. The strategic buyback aims to enhance shareholder value and reflects the company’s confidence in its market position and future growth potential.
More about Intred SpA
Intred S.p.A, founded in 1996, is a leading telecommunications operator in the Lombardy region, listed on the Euronext Growth Milan market. The company offers broadband and ultra-broadband connectivity, fixed wireless access, fixed telephony, cloud services, and related ancillary services. With an extensive optical fiber network of over 13,000 kilometers, Intred caters to professional, public administration, and residential customers, providing efficient, reliable, and secure solutions.
YTD Price Performance: 4.93%
Average Trading Volume: 11,353
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €169.4M
Find detailed analytics on ITD stock on TipRanks’ Stock Analysis page.
