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Intred SpA ( (IT:ITD) ) has shared an announcement.
Intred S.p.A. announced the purchase of 300 own shares at an average price of 10.184 Euros per share, totaling 3,055.05 Euros, as part of a share buyback program approved by shareholders. This operation increases the company’s total ownership to 34,807 shares, representing 0.2191% of its share capital, and demonstrates its strategic approach to managing equity and enhancing 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 based in the Lombardy region, founded in 1996. It 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. The company operates a fiber optic network over 14,000 kilometers and has a business model that emphasizes efficiency, profitability, and high-quality service.
Average Trading Volume: 5,485
Technical Sentiment Signal: Sell
Current Market Cap: €162.3M
For an in-depth examination of ITD stock, go to TipRanks’ Stock Analysis page.