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Unidata S.p.A. Expands Share Buyback Program

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Unidata S.p.A. Expands Share Buyback Program

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Unidata S.P.A. ( (IT:UD) ) has shared an announcement.

Unidata S.p.A. announced the purchase of 1,500 of its own shares on the Euronext Milan Market as part of its ongoing share buyback program. This transaction increases the company’s total holdings to 650,681 shares, representing 2.1067% of its share capital, and reflects its strategic focus on enhancing shareholder value.

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 7,600 km, a wireless network, and a proprietary data center. It provides ultra-broadband connectivity services, VoIP services, cloud services, and IoT solutions for home automation and Smart City markets to over 27,500 customers. Unidata is listed on the Euronext Milan Market – STAR Segment of Borsa Italiana.

YTD Price Performance: -3.36%

Average Trading Volume: 53,090

Technical Sentiment Signal: Buy

Current Market Cap: €88.95M

For detailed information about UD stock, go to TipRanks’ Stock Analysis page.

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