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Unidata S.P.A. ( (IT:UD) ) has issued an announcement.
Unidata S.p.A. announced the purchase of 2,500 of its own shares as part of a buyback program, representing approximately 0.0081% of its share capital, at an average price of €2.88 per share. This move reflects the company’s strategic financial management and may influence its market positioning and shareholder value, as it currently holds 685,181 own shares, equivalent to 2.2184% 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, providing ultra-broadband connectivity, VoIP, and cloud services to over 28,600 customers. The company operates a fiber optic network of about 7,800 km, a wireless network, and a proprietary data center, and is active in the IoT sector, focusing on home automation and Smart City solutions.
Average Trading Volume: 39,783
Technical Sentiment Signal: Sell
Current Market Cap: €87.41M
Learn more about UD stock on TipRanks’ Stock Analysis page.