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Unidata S.P.A. ( (IT:UD) ) has shared an announcement.
Unidata S.p.A. announced the purchase of 5,000 of its own shares, representing approximately 0.0162% of its share capital, as part of a share buyback program. This move, executed on the Euronext Milan Market, increases the company’s treasury stock to 714,056 shares, equating to 2.3119% of its share capital, potentially enhancing shareholder value and signaling confidence in its market position.
The most recent analyst rating on (IT:UD) stock is a Buy with a EUR5.00 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, providing ultra-broadband connectivity services through a fiber optic network, wireless network, and proprietary data center. The company serves over 29,300 customers with FTTH network architectures, wireless connectivity, VoIP services, and cloud solutions, and is active in the IoT sector, particularly in home automation and Smart City markets. Unidata is listed on the Euronext Milan Market – STAR Segment.
Average Trading Volume: 51,153
Technical Sentiment Signal: Sell
Current Market Cap: €81.85M
For an in-depth examination of UD stock, go to TipRanks’ Overview page.