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Inwit ( (IT:INW) ) has provided an announcement.
INWIT has completed a tranche of share buybacks, purchasing 44,303 ordinary shares between May 5 and 9, 2025, at an average price of 10.6413 euros per share, totaling 471,440.07 euros. This move is part of a previously authorized buyback program, and as of May 9, INWIT holds 455,582 own shares, representing about 0.049% of its share capital, potentially signaling confidence in its market valuation and aiming to enhance shareholder value.
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 services. The company is involved in the development and management of wireless communication towers across Italy, catering to mobile network operators and other wireless service providers.
YTD Price Performance: 8.51%
Average Trading Volume: 1,630,795
Technical Sentiment Signal: Strong Buy
Current Market Cap: €9.92B
See more data about INW stock on TipRanks’ Stock Analysis page.