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Inwit ( (IT:INW) ) just unveiled an update.
INWIT announced the completion of a share buyback program, purchasing 608,077 ordinary shares at an average price of 10.3391 euros, totaling approximately 6.29 million euros. This buyback increases INWIT’s holdings to 13,243,135 shares, representing about 1.421% of its share capital, potentially enhancing shareholder value and reinforcing its market position.
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 management and development of telecommunications towers and related facilities, primarily serving mobile network operators and other wireless service providers.
YTD Price Performance: 11.31%
Average Trading Volume: 1,536,732
Technical Sentiment Signal: Strong Buy
Current Market Cap: €9.69B
For an in-depth examination of INW stock, go to TipRanks’ Overview page.