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Vantea Smart S.p.A. ( (IT:VNT) ) has shared an update.
Vantea SMART S.p.A. announced the purchase of 2,250 of its own shares as part of a share buyback program approved by its shareholders. This move, executed through Integrae SIM S.p.A., reflects the company’s strategy to manage its share capital effectively. The purchase, amounting to a total value of 2,483.25 Euros, increases Vantea SMART’s total ownership to 455,441 shares, representing 3.534% of its share capital. This strategic acquisition could enhance shareholder value and strengthen the company’s market position.
More about Vantea Smart S.p.A.
Vantea SMART S.p.A. is an Information Technology company specializing in Cybersecurity, listed on Euronext Growth Milan. It offers services in Identity and Access Management, Infrastructure Security, and Security Operations, and develops proprietary platforms like ‘Infosync’ and ‘KubeX’ for centralized information management. The company serves critical infrastructure sectors such as banking, telecommunications, oil & gas, and manufacturing.
Average Trading Volume: 12,821
Technical Sentiment Signal: Sell
Current Market Cap: €14.45M
See more insights into VNT stock on TipRanks’ Stock Analysis page.