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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 shared an update.

Intred S.p.A. announced the purchase of 1,041 own shares at an average price of 9.739 Euros per share, totaling 10,137.78 Euros, as part of a share buyback program approved in April 2025. This operation, conducted through Intermonte SIM S.p.A., increases Intred’s total ownership to 44,102 shares, representing 0.2776% of its share capital, reflecting the company’s strategic efforts to manage its equity and enhance shareholder value.

The most recent analyst rating on (IT:ITD) stock is a Buy with a EUR16.00 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 based in the Lombardy region, founded in 1996. The company, listed on the Euronext Growth Milan market since 2018, provides broadband and ultra-broadband connectivity, fixed wireless access, fixed telephony, and cloud services. With a fiber optic network spanning over 14,250 kilometers, Intred serves Professional, Public Administration, and Residential customers, ensuring high service quality and efficiency through direct infrastructure management.

Average Trading Volume: 6,508

Technical Sentiment Signal: Sell

Current Market Cap: €154M

For an in-depth examination of ITD stock, go to TipRanks’ Overview page.

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