BasicNet SPA (IT:BAN) has released an update.
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BasicNet S.p.A. has recently acquired 153,650 shares as part of its ongoing share buyback program, bringing its total ownership to over 5.2 million shares. This move represents nearly 10% of the company’s share capital and over 6% of voting rights, reflecting a strategic effort to consolidate its market position.
For further insights into IT:BAN stock, check out TipRanks’ Stock Analysis page.