Vantea SMART S.p.A. Executes Share Buyback Program

Vantea Smart S.p.A. ( (IT:VNT) ) has issued an announcement.

Vantea SMART S.p.A. announced the purchase of 2,000 of its own shares as part of a share buyback program approved in 2024. This move, executed through Integrae SIM S.p.A., aligns with the company’s strategy to manage its share capital effectively. Following these purchases, Vantea SMART holds 2.729% of its share capital, which may impact its market positioning and shareholder value.

More about Vantea Smart S.p.A.

Vantea SMART S.p.A. is an Information Technology company specializing in Cybersecurity, operating primarily in the migration and management of new infrastructure architectures and their security. It is a national reference player in Italy, providing services such as Identity and Access Management, Infrastructure Security, and Security Consulting. The company offers proprietary platforms like ‘Infosync’ and ‘KubeX’ for centralized information management and has a strong client base in critical infrastructure sectors such as banking, telecommunications, oil & gas, and manufacturing.

YTD Price Performance: 3.65%

Average Trading Volume: 12,743

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €14.58M

Learn more about VNT stock on TipRanks’ Stock Analysis page.