tiprankstipranks
Trending News
More News >

INWIT Announces 2024 Financial Results and Strategic Initiatives

Story Highlights
  • INWIT approved 2024 financials with a net profit of 353.8 million euros.
  • A dividend and extraordinary dividend were announced, alongside a 400 million euro share buyback plan.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

An announcement from Inwit ( (IT:INW) ) is now available.

INWIT’s Shareholders’ Meeting approved the 2024 financial statements, reporting a net profit of 353.8 million euros, and announced a dividend distribution of €0.5156 per share, along with an extraordinary dividend of €0.2147 per share. Additionally, the meeting authorized a share buyback plan of up to 400 million euros and appointed a new Board of Directors. These decisions reflect INWIT’s commitment to enhancing shareholder value and strengthening its market position.

More about Inwit

Wireless Infrastructure Italiane S.p.A. (INWIT) operates in the telecommunications industry, focusing on providing wireless infrastructure services. The company is based in Milan, Italy, and is involved in the development and management of wireless communication towers and related infrastructure.

YTD Price Performance: -2.19%

Average Trading Volume: 125,279

Technical Sentiment Signal: Hold

Current Market Cap: €8.92B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App