Assicurazioni Generali S.p.A. (IT:G) has released an update.
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Assicurazioni Generali has purchased 700,000 treasury shares on the Euronext Milan market for approximately €18.73 million as part of its 2022-2024 strategic plan. This buyback initiative is aimed at cancelling shares to optimize its capital structure. Following this transaction, the company and its subsidiaries now hold 2.57% of its share capital as treasury shares.
For further insights into IT:G stock, check out TipRanks’ Stock Analysis page.
