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Mare Engineering Group SpA ( (IT:MARE) ) has provided an update.
Mare Group S.p.A. announced the purchase of 7,738 of its own shares as part of a previously approved share buyback program. This purchase, conducted through MIT SIM S.p.A., amounted to a total consideration of €33,261.91 and reflects the company’s strategy to manage its share capital and potentially enhance shareholder value.
More about Mare Engineering Group SpA
Mare Group S.p.A., founded in 2001, is a digital engineering company listed on the Euronext Growth Milan market. It operates across the entire value chain of technological innovation, serving over 1,000 clients with more than 300 employees across 16 operational and commercial offices. The company is a significant player in the Italian innovation ecosystem, with a strong focus on research and development, having completed 11 acquisitions since 2019 to expand its product portfolio and market presence.
YTD Price Performance: -4.13%
Average Trading Volume: 21,486
Technical Sentiment Consensus Rating: Strong Buy
See more insights into MARE stock on TipRanks’ Stock Analysis page.
