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Webuild SpA Acquires Additional Shares to Strengthen Capital Structure

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Webuild SpA Acquires Additional Shares to Strengthen Capital Structure

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The latest update is out from Webuild SpA ( (IT:WBD) ).

Webuild SpA has recently purchased 30,000 of its own ordinary shares, representing 0.003% of its ordinary share capital, for a total value of €98,267.34. This move increases the company’s total holdings to 28,103,437 shares, which is 2.762% of its ordinary share capital. The share repurchase is part of Webuild’s ongoing strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (IT:WBD) stock is a Buy with a EUR4.40 price target. To see the full list of analyst forecasts on Webuild SpA stock, see the IT:WBD Stock Forecast page.

More about Webuild SpA

Webuild SpA is a global leader in the construction of large complex infrastructures, with a focus on sustainable mobility, hydroelectric energy, water management, and green building. The company operates in about 50 countries, employing approximately 95,000 people from over 125 nationalities. With 120 years of experience and over 3,700 completed projects, Webuild is recognized as the world’s leading company in the construction of water infrastructure. It is listed on the Milan Stock Exchange and included in the MIB ESG index for its environmental, social, and governance practices.

YTD Price Performance: 18.46%

Average Trading Volume: 2,429,021

Technical Sentiment Signal: Buy

Current Market Cap: €3.3B

See more insights into WBD stock on TipRanks’ Stock Analysis page.

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