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INWIT Completes Initial Share Buyback Tranche

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INWIT Completes Initial Share Buyback Tranche

Confident Investing Starts Here:

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

INWIT has completed the first tranche of its share buyback program, purchasing 204,383 ordinary shares at an average price of 10.2265 euros, totaling approximately 2.09 million euros. This strategic move, authorized by the shareholders and board, enhances INWIT’s market position by consolidating its share capital, which now includes 320,390 own shares, representing about 0.034% of its total share capital.

More about Inwit

Infrastrutture Wireless Italiane S.p.A. (INWIT) operates in the telecommunications industry, focusing on providing wireless infrastructure services. The company is involved in the management and development of wireless towers and related infrastructure, catering primarily to mobile network operators in Italy.

YTD Price Performance: 4.32%

Average Trading Volume: 130,955

Technical Sentiment Signal: Strong Sell

Current Market Cap: €9.52B

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

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