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Unidata S.P.A. ( (IT:UD) ) has issued an announcement.
Unidata S.p.A. announced the purchase of 4,000 of its own shares on the Euronext Milan Market – STAR Segment, as part of a share repurchase program. This acquisition, which represents about 0.0130% of the company’s share capital, was executed at an average price of €2.90 per share, totaling €11,582.00. Following these transactions, Unidata now holds 682,681 own shares, equating to 2.2103% of its share capital. This move is part of Unidata’s strategic financial management to potentially enhance shareholder value and optimize capital structure.
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 and provides ultra-broadband connectivity, wireless connectivity, VoIP services, and cloud solutions to over 28,600 customers. Unidata is also involved in the Internet of Things (IoT) sector, offering solutions for home automation and Smart City markets. It is listed on the Euronext Milan Market – STAR Segment.
Average Trading Volume: 35,999
Technical Sentiment Signal: Sell
Current Market Cap: €91.12M
For detailed information about UD stock, go to TipRanks’ Stock Analysis page.