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INWIT Announces 2024 Financial Results and Strategic Initiatives

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INWIT Announces 2024 Financial Results and Strategic Initiatives

The latest update is out from Inwit ( (IT:INW) ).

INWIT’s Shareholders’ Meeting has approved the 2024 financial statements, reporting a net profit of €353.8 million, and declared a regular dividend of €0.5156 per share and an extraordinary dividend of €0.2147 per share. The company also announced a share buyback plan worth €400 million and appointed a new Board of Directors, indicating strategic moves to enhance shareholder value and strengthen its market position.

More about Inwit

Infrastrutture Wireless Italiane S.p.A. (INWIT) operates in the telecommunications infrastructure industry, focusing on providing wireless infrastructure services in Italy.

YTD Price Performance: -2.19%

Average Trading Volume: 125,279

Technical Sentiment Signal: Hold

Current Market Cap: €8.92B

Learn more about INW stock on TipRanks’ Stock Analysis page.

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