Vantea SMART Expands Share Buyback Program

Vantea Smart S.p.A. ( (IT:VNT) ) just unveiled an announcement.

Vantea SMART S.p.A. announced the purchase of 5,000 of its own shares between February 24 and February 28, 2025, at an average price of 1.13 Euros per share, totaling 5,645 Euros. This transaction is part of a broader share buyback program approved by the Shareholders’ Meeting in 2024. Following these purchases, Vantea SMART now holds 356,767 own shares, representing 2.768% of its share capital. The buyback is conducted in compliance with legal and regulatory provisions, potentially enhancing shareholder value and market confidence.

More about Vantea Smart S.p.A.

Vantea SMART S.p.A. is an Italian Information Technology company specializing in Cybersecurity. It offers services such as Identity and Access Management, Infrastructure Security, and Security Consulting. The company also develops proprietary platforms like ‘Infosync’ and ‘KubeX’ for risk management and fraud intelligence, respectively. Vantea SMART serves critical infrastructure sectors including banking, telecommunications, oil & gas, and manufacturing, positioning itself as a key partner in cybersecurity solutions.

YTD Price Performance: 5.02%

Average Trading Volume: 10,217

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €14.77M

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