tiprankstipranks
Advertisement
Advertisement

Unidata Increases Treasury Holdings with New Buyback on Euronext Milan

Story Highlights
  • Unidata strengthens its position as a listed Italian telecoms, cloud and IoT operator by expanding fiber, wireless and data center-backed services for over 31,000 customers.
  • The company repurchased 1,700 shares under its buyback plan, lifting its treasury stock to about 2.57 percent of share capital and underscoring active capital management.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Unidata Increases Treasury Holdings with New Buyback on Euronext Milan

Meet Samuel – Your Personal Investing Prophet

Unidata S.P.A. ( (IT:UD) ) has shared an announcement.

Unidata S.p.A., the Rome-based telecoms and cloud provider listed on Euronext Milan’s STAR segment, continues to build on its infrastructure-based growth strategy across fiber, wireless and IoT solutions for business, wholesale and residential markets. Its growing network footprint and data center capabilities underpin a diversified service mix that includes ultra-broadband FTTH, cloud and smart city applications.

The company disclosed that under its ongoing treasury share buyback programme it repurchased 1,700 shares on 31 March 2026 on Euronext Milan at an average price of €2.89, for a total outlay of €4,917. Following this latest transaction, Unidata now holds 794,956 treasury shares, equivalent to about 2.57% of its share capital, modestly increasing its financial flexibility and signalling continued management commitment to shareholder-oriented capital management.

The most recent analyst rating on (IT:UD) stock is a Buy with a EUR4.50 price target. To see the full list of analyst forecasts on Unidata S.P.A. stock, see the IT:UD Stock Forecast page.

More about Unidata S.P.A.

Unidata S.p.A. is an Italian telecommunications, cloud and IoT operator founded in 1985 and still led by its three original partners. Leveraging an 8,500 km and expanding fiber network, a wireless infrastructure and its own data center, the group serves more than 31,000 business, wholesale and residential customers with FTTH ultra-broadband, wireless connectivity, VoIP, cloud services and dedicated high-reliability solutions. The company is also active in the Internet of Things through home automation and Smart City offerings, and its shares trade on the Euronext Milan – STAR segment.

Average Trading Volume: 72,532

Technical Sentiment Signal: Sell

Current Market Cap: €87.41M

For detailed information about UD stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1