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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 update.

Unidata S.p.A. announced the purchase of 2,000 of its own shares on the Euronext Milan Market, as part of its ongoing share purchase program. This transaction, valued at €5,880, increases the company’s total holdings to 744,056 shares, representing 2.4090% of its share capital. This move reflects Unidata’s strategic efforts to manage its equity and potentially enhance shareholder value.

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., founded in 1985, operates in the telecommunications, cloud, and IoT sectors. The company provides ultra-broadband connectivity services through its extensive fiber optic and wireless networks, serving over 30,000 customers. Unidata is also involved in the Internet of Things, offering solutions for home automation and Smart City markets. It is listed on the Euronext Milan Market – STAR Segment of Borsa Italiana.

Average Trading Volume: 63,708

Technical Sentiment Signal: Sell

Current Market Cap: €90.5M

See more insights into UD stock on TipRanks’ Stock Analysis page.

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