tiprankstipranks
Advertisement
Advertisement

Unidata Increases Treasury Stake With New Share Buyback

Story Highlights
  • Unidata bought 6,000 treasury shares in early March 2026 under its ongoing buyback program.
  • After these purchases, Unidata holds 784,956 treasury shares, or 2.54% of its share capital, reinforcing its capital management strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Unidata Increases Treasury Stake With New Share Buyback

Claim 30% Off TipRanks

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

Unidata S.p.A., listed on the Euronext Milan STAR segment, has continued its treasury share buyback program initiated in May 2025, purchasing 6,000 shares between 3 and 6 March 2026. The shares, acquired at an average price of about €3.10 for a total value of €18,590, represent roughly 0.0194% of the company’s share capital.

Following these latest purchases, Unidata now holds 784,956 treasury shares, equal to 2.5414% of its share capital. The ongoing buyback consolidates the company’s capital management strategy and may signal confidence in its market valuation to investors, while modestly increasing the proportion of equity held in treasury over time.

The most recent analyst rating on (IT:UD) stock is a Buy with a EUR6.00 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 Internet of Things operator founded in 1985 and still led by its original three partners. The group operates an 8,150 km and expanding fiber-optic network, a wireless network and its own data center, serving over 30,000 business, wholesale and residential customers with FTTH ultra-broadband, wireless, VoIP, cloud and customized connectivity solutions, as well as IoT services for home automation and smart city applications.

Average Trading Volume: 74,359

Technical Sentiment Signal: Buy

Current Market Cap: €94.82M

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