tiprankstipranks
Trending News
More News >

INWIT Completes Major Share Repurchase Tranche

Story Highlights
INWIT Completes Major Share Repurchase Tranche

Confident Investing Starts Here:

Inwit ( (IT:INW) ) has shared an update.

INWIT announced the completion of a significant tranche of its share repurchase program, acquiring 1,550,501 ordinary shares between June 9 and June 13, 2025, at an average price of 10.2451 euros per share, totaling approximately 15.89 million euros. This move is part of a broader strategy authorized by its shareholders and board, reflecting an effort to consolidate ownership and potentially enhance shareholder value, signaling confidence in the company’s financial health and future prospects.

The most recent analyst rating on (IT:INW) stock is a Buy with a EUR13.50 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 solutions. The company is known for its services related to the development and management of wireless towers and related infrastructure, primarily serving mobile network operators in Italy.

YTD Price Performance: 8.53%

Average Trading Volume: 1,710,909

Technical Sentiment Signal: Strong Buy

Current Market Cap: €9.45B

Find detailed analytics on INW stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report 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
1