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Unidata S.p.A. Announces Share Repurchase in Ongoing Program
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Unidata S.p.A. Announces Share Repurchase in Ongoing Program

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Invest with Confidence:

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

Unidata S.p.A. announced the purchase of 3,537 of its own shares on the Euronext Milan Market – STAR Segment, between January 20 and January 22, 2025, at an average price of €2.87, totaling €10,137.30. This transaction is part of an ongoing share repurchase program, initiated in August 2024, and aims to enhance the company’s stock value and strengthen its market position. Following this purchase, Unidata holds 638,181 own shares, representing 2.0662% of its share capital.

More about Unidata S.P.A.

Unidata S.p.A. is a telecommunications, cloud, and IoT services operator based in Italy. Established in 1985, the company provides ultra-broadband connectivity services, including Fiber to the Home (FTTH) network architectures, wireless connectivity, VoIP, and cloud services, to over 26,400 customers. Unidata also focuses on the Internet of Things (IoT) sector, particularly home automation and Smart City solutions. The company operates a fiber-optic network spanning approximately 7,400 km and is listed on the Euronext Milan Market – STAR Segment.

YTD Price Performance: -7.38%

Average Trading Volume: 44,492

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €85.25M

See more data about UD stock on TipRanks’ Stock Analysis page.

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