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An update from Reti SpA ( (IT:RETI) ) is now available.
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 increases its total ownership to 297,000 shares, representing 2.376% of its share capital. The buyback is part of Reti’s strategic efforts to enhance shareholder value and reflects its strong market position in the IT consulting sector.
More about Reti SpA
Founded in Busto Arsizio in 1994, Reti SpA is a prominent Italian IT consulting firm specializing in System Integration services. Listed on Euronext Growth Milan, the company supports digital transformation for mid and large corporations, offering IT solutions, business consulting, and managed services. Reti is known for its technological innovation through its ‘technological CAMPUS’ and has partnerships with major IT vendors like Microsoft and Apple.
Average Trading Volume: 9,428
Technical Sentiment Signal: Sell
Current Market Cap: €19.5M
For detailed information about RETI stock, go to TipRanks’ Stock Analysis page.