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Intred S.p.A. Expands Share Buyback Program

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Intred S.p.A. Expands Share Buyback Program

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Intred SpA ( (IT:ITD) ) has provided an update.

Intred S.p.A. has purchased 674 of its own shares at an average price of 9.745 Euros per share, totaling 6,568.10 Euros, as part of a share buyback program approved by its shareholders. This operation increases Intred’s ownership to 50,891 shares, representing 0.3203% of its share capital, and reflects the company’s strategic focus on enhancing shareholder value.

The most recent analyst rating on (IT:ITD) stock is a Buy with a EUR20.00 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 is listed on the Euronext Growth Milan market and 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 14,250 kilometers and serves Professional, PA, and Residential customers, ensuring high service quality and efficiency.

Average Trading Volume: 5,549

Technical Sentiment Signal: Sell

Current Market Cap: €155.9M

For detailed information about ITD stock, go to TipRanks’ Stock Analysis page.

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