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Inwit ( (IT:INW) ) has issued an announcement.
INWIT has announced the purchase of 1,119,225 ordinary shares as part of its ongoing treasury share buyback program, authorized by the shareholders and the board earlier in the year. This move, executed on various trading platforms, reflects INWIT’s strategic financial management and may impact its share capital structure, holding approximately 1.955% of its share capital in treasury shares.
The most recent analyst rating on (IT:INW) stock is a Buy with a EUR11.50 price target. To see the full list of analyst forecasts on Inwit stock, see the IT:INW Stock Forecast page.
More about Inwit
Infrastrutture Wireless Italiane S.p.A. (INWIT) operates in the telecommunications infrastructure industry, focusing on providing wireless infrastructure services. The company is a key player in the Italian market, facilitating the deployment and management of wireless communication networks.
YTD Price Performance: 12.81%
Average Trading Volume: 1,269,861
Technical Sentiment Signal: Strong Buy
Current Market Cap: €9.82B
For a thorough assessment of INW stock, go to TipRanks’ Stock Analysis page.