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Reti SpA Acquires Additional Own Shares to Strengthen Market Position

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Reti SpA Acquires Additional Own Shares to Strengthen Market Position

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An update from Reti SpA ( (IT:RETI) ) is now available.

Reti SpA has announced the purchase of 1,500 of its own shares, as part of a program approved earlier this year. This move increases its total shareholding to 301,500 shares, representing 2.412% of its share capital. The purchase, executed through Integrae SIM S.p.A., aligns with Reti’s strategic objectives and regulatory compliance, potentially enhancing its market position and shareholder value.

More about Reti SpA

Founded in Busto Arsizio in 1994, Reti (RETI:IM) is a prominent Italian IT Consulting firm specializing in System Integration services. Listed on Euronext Growth Milan, the company supports mid and large corporations in digital transformation, offering IT solutions, business consulting, and managed services. Reti is known for its ‘Technological Campus’, which includes six Centers of Competence and the Reti Academy, focusing on innovation and sustainable development.

Average Trading Volume: 9,245

Technical Sentiment Signal: Sell

Current Market Cap: €19.12M

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

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