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Inwit ( (IT:INW) ) has shared an announcement.
INWIT has announced the completion of a share repurchase program, acquiring 911,955 ordinary shares between August 11 and 15, 2025, at an average price of 10.4058 euros per share, totaling approximately 9.49 million euros. This strategic move, authorized by the company’s shareholders and board, aims to strengthen INWIT’s market position and enhance shareholder value by consolidating its share capital, now holding 1.835% of its own shares.
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, focusing on providing wireless infrastructure solutions. The company is primarily involved in managing and developing mobile phone towers and related services, catering to the needs of telecom operators and other stakeholders in Italy.
Average Trading Volume: 1,310,944
Technical Sentiment Signal: Strong Buy
Current Market Cap: €9.71B
For a thorough assessment of INW stock, go to TipRanks’ Stock Analysis page.