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Reti SpA ( (IT:RETI) ) has provided an update.
Reti SpA, a leading IT consulting firm in Italy, announced the purchase of 6,000 of its own shares at an average price of 1.5600 Euros per share, totaling 9,360.00 Euros. This move is part of a broader program approved by the Shareholders’ Meeting to manage its share capital effectively. As of May 30, 2025, Reti owns 270,000 of its own shares, representing 2.160% of its share capital, which may enhance its market positioning and stakeholder value.
More about Reti SpA
Founded in Busto Arsizio in 1994, Reti is a prominent Italian IT Consulting company specializing in System Integration services. It supports digital transformation for Mid & Large Corporates, offering IT Solutions, Business Consulting, and Managed Service Provider services. The company boasts a portfolio of over 100 loyal customers in sectors like BFSI, IT, Telco, and Manufacturing, and maintains partnerships with major IT vendors such as Microsoft, Apple, Cisco, and Oracle. Reti is distinguished by its ‘technological CAMPUS’, an internal innovation lab with six Centers of Competence, and the Reti Academy, which trains professionals. Its sustainability strategy focuses on digital transformation, innovation, and sustainable development.
Average Trading Volume: 7,959
Technical Sentiment Signal: Sell
Current Market Cap: €19.75M
For detailed information about RETI stock, go to TipRanks’ Stock Analysis page.