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An update from Inwit ( (IT:INW) ) is now available.
INWIT has completed the first tranche of its treasury share buyback program, acquiring 29,518,075 shares, which represents 3.168% of its share capital, for a total value of approximately 300 million euros. This move is part of a strategic initiative authorized by the shareholders and board of directors to optimize the company’s capital structure and potentially enhance shareholder value.
The most recent analyst rating on (IT:INW) stock is a Hold with a EUR11.20 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, primarily focusing on providing wireless infrastructure services. The company is involved in the management and development of wireless communication towers and related services, catering to mobile network operators and other communication service providers.
Average Trading Volume: 1,182,037
Technical Sentiment Signal: Buy
Current Market Cap: €9.21B
See more data about INW stock on TipRanks’ Stock Analysis page.