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The latest announcement is out from Reti SpA ( (IT:RETI) ).
Reti SpA announced the purchase of 1,500 own shares as part of a buyback program approved earlier in the year. This move, executed through Integrae SIM S.p.A., increases Reti’s total ownership to 279,000 shares, representing 2.232% of its share capital. This strategic acquisition aligns with Reti’s ongoing efforts to strengthen its market position and shareholder value, reflecting its commitment to sustainable growth and innovation in the IT consulting sector.
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 digital transformation for Mid & Large Corporates with over 350 professionals. Reti offers IT Solutions, Business Consulting, and Managed Service Provider services, focusing on Key Enabling Technologies. It serves sectors like BFSI, IT, Telco, and Manufacturing, maintaining partnerships with major IT vendors. The company emphasizes innovation through its technological CAMPUS and Reti Academy, aligning with a sustainability strategy promoting digital transformation and inclusive development.
Average Trading Volume: 8,037
Technical Sentiment Signal: Sell
Current Market Cap: €19.75M
See more insights into RETI stock on TipRanks’ Stock Analysis page.