Cyberoo S.p.A. ( (IT:CYB) ) has shared an update.
Cyberoo S.p.A. has announced the launch of a share buyback program, approved by its Board of Directors, to stabilize stock liquidity and support trading activity. The program, managed by MIT SIM S.p.A., aims to acquire up to 400,000 shares, with a cap of one million euros, to be completed by June 6, 2025. This strategic move is expected to regularize trading, provide medium- to long-term investment opportunities, and facilitate the execution of non-recurring transactions or incentive plans.
More about Cyberoo S.p.A.
Cyberoo S.p.A., based in Reggio Emilia, is a small to medium-sized enterprise listed on the Euronext Growth Milan stock exchange of Borsa Italiana. The company specializes in cyber security solutions for businesses, offering services aimed at protecting, monitoring, and managing IT ecosystem information. Cyberoo targets medium-sized enterprises with a comprehensive portfolio of enterprise solutions, leveraging advanced technologies to provide cost-effective services.
YTD Price Performance: -26.65%
Average Trading Volume: 37,877
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €64.4M
See more insights into CYB stock on TipRanks’ Stock Analysis page.