Unidata S.p.A. Executes Share Buyback Program

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

Unidata S.p.A. announced the purchase of 3,800 of its own shares as part of a buyback program, representing about 0.0123% of its share capital, at an average price of €2.79, totaling €10,614. This move is part of a strategic initiative to manage its share capital and could impact its market positioning by potentially increasing shareholder value.

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 approximately 7,800 km, a wireless network, and a proprietary data center, providing ultra-broadband connectivity, VoIP, cloud services, and IoT solutions to over 28,600 customers. Unidata is listed on the Euronext Milan Market – STAR Segment of Borsa Italiana.

Average Trading Volume: 29,455

Technical Sentiment Signal: Sell

Current Market Cap: €84.63M

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