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Reti SpA ( (IT:RETI) ) has provided an announcement.
Reti SpA announced the purchase of 3,000 of its own shares as part of a buyback program approved earlier in the year. This move, conducted through Integrae SIM S.p.A., aligns with the company’s strategy to manage its share capital effectively, now holding 2.256% of its share capital. This action reflects Reti’s commitment to enhancing shareholder value and optimizing its capital structure.
More about Reti SpA
Founded in Busto Arsizio in 1994, Reti SpA is a prominent Italian IT Consulting company specializing in System Integration services. Listed on Euronext Growth Milan, it supports mid and large corporates in digital transformation, offering IT solutions, business consulting, and managed services. With over 350 professionals, Reti serves sectors like BFSI, IT, Telco, and Manufacturing, and maintains partnerships with major IT vendors. Its technological campus and Reti Academy focus on innovation and training, promoting sustainable digital transformation.
Average Trading Volume: 8,278
Technical Sentiment Signal: Sell
Current Market Cap: €19.62M
Learn more about RETI stock on TipRanks’ Stock Analysis page.