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Unidata S.P.A. ( (IT:UD) ) has provided an update.
Unidata S.p.A. announced the purchase of 3,860 of its own shares as part of a share buyback program, representing approximately 0.0125% of its share capital, at an average price of €2.86. This move is part of a broader strategy to manage its capital structure and potentially enhance shareholder value, with the company now holding 678,056 own shares, equivalent to 2.1953% of its share capital.
The most recent analyst rating on (IT:UD) stock is a Buy with a EUR6.50 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 a telecommunications, cloud, and IoT services operator founded in 1985. The company operates a fiber optic network of about 7,800 km, a wireless network, and an owned data center, providing ultra-broadband connectivity services to over 28,600 customers. Unidata is also active in the IoT sector, offering solutions for home automation and the Smart City market.
Average Trading Volume: 47,888
Technical Sentiment Signal: Sell
Current Market Cap: €89.26M
For a thorough assessment of UD stock, go to TipRanks’ Stock Analysis page.