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An announcement from Reti SpA ( (IT:RETI) ) is now available.
Reti SpA announced the purchase of 3,000 of its own shares, valued at 4,860 Euros, as part of a buyback program approved by its shareholders. This move increases its total holdings to 277,500 shares, representing 2.220% of its share capital, and is executed in compliance with legal and regulatory standards. The buyback program reflects Reti’s strategic approach to managing its equity and enhancing shareholder value.
More about Reti SpA
Established 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 & Large Corporates with IT Solutions, Business Consulting, and Managed Service Provider services. Reti is known for its ‘technological CAMPUS’, which includes six Centers of Competence and the Reti Academy, focusing on innovation and professional training. The company maintains strong partnerships with major IT vendors and emphasizes sustainable and inclusive development.
Average Trading Volume: 7,961
Technical Sentiment Signal: Sell
Current Market Cap: €20.62M
Find detailed analytics on RETI stock on TipRanks’ Stock Analysis page.