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Unidata S.p.A. Announces Share Buyback

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Unidata S.p.A. Announces Share Buyback

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An announcement from Unidata S.P.A. ( (IT:UD) ) is now available.

Unidata S.p.A. announced the purchase of 3,100 of its own shares as part of a share buyback program, representing approximately 0.0100% of its share capital, at an average price of €2.83 each. This move is part of a strategic effort to consolidate its market position and potentially enhance shareholder value, with the company now holding 695,056 own shares, which is 2.2503% of its share capital.

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 a telecommunications, cloud, and IoT services operator founded in 1985. The company offers ultra-broadband connectivity services, including FTTH network architectures, wireless connectivity, VoIP services, and cloud solutions. It serves over 28,600 customers and is active in the IoT sector, focusing on home automation and Smart City solutions. Unidata is listed on the Euronext Milan Market – STAR Segment.

Average Trading Volume: 53,870

Technical Sentiment Signal: Sell

Current Market Cap: €86.17M

Find detailed analytics on UD stock on TipRanks’ Stock Analysis page.

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