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Unidata S.P.A. ( (IT:UD) ) has issued an announcement.
Unidata S.p.A. announced the purchase of 17,000 of its own shares on the Euronext Milan Market as part of its ongoing share buyback program. This acquisition, amounting to approximately €48,857.40, reflects Unidata’s strategic move to enhance shareholder value and strengthen its market position by holding a total of 761,056 own shares, which constitutes 2.4640% of its share capital.
The most recent analyst rating on (IT:UD) stock is a Buy with a EUR6.00 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. It operates a fiber optic network of approximately 8,150 km, a wireless network, and a proprietary data center, providing ultra-broadband connectivity services, VoIP services, and cloud solutions to over 30,000 customers. The company is also involved in the IoT sector, offering solutions for home automation and Smart City markets. Unidata is listed on the Euronext Milan Market – STAR Segment.
Average Trading Volume: 72,308
Technical Sentiment Signal: Strong Sell
Current Market Cap: €88.03M
Find detailed analytics on UD stock on TipRanks’ Stock Analysis page.