tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Webuild SpA Acquires Additional Shares to Strengthen Market Position

Story Highlights
Webuild SpA Acquires Additional Shares to Strengthen Market Position

Meet Your ETF AI Analyst

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

Webuild SpA has announced the purchase of 350,000 of its own ordinary shares, representing 0.034% of its ordinary share capital, for a total value of €1.14 million. This strategic move increases the company’s total holdings to 28,073,437 shares, or 2.759% of the ordinary share capital, potentially impacting its market position and 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, focusing on sustainable mobility, hydroelectric energy, water management and production, and green building. The company operates in about 50 countries with approximately 95,000 employees and has completed over 3,700 projects. Webuild is recognized for its contributions to infrastructure construction in the water sector and is committed to projects aligned with the United Nations’ Sustainable Development Goals.

YTD Price Performance: 17.02%

Average Trading Volume: 2,411,840

Technical Sentiment Signal: Buy

Current Market Cap: €3.26B

Find detailed analytics on WBD stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1