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Intred S.p.A. Expands Share Buyback Program

Story Highlights
  • Intred S.p.A. is a telecommunications operator offering connectivity and cloud services.
  • Intred purchased 1,137 shares, increasing its ownership to 0.3161% of share capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Intred S.p.A. Expands Share Buyback Program

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An update from Intred SpA ( (IT:ITD) ) is now available.

Intred S.p.A. has announced the purchase of 1,137 of its own shares, valued at 10,920.00 Euros, as part of a previously approved share buyback program. This acquisition increases the company’s total ownership to 50,217 shares, representing 0.3161% of its share capital, and reflects Intred’s strategic focus on enhancing shareholder value and maintaining a robust market position.

The most recent analyst rating on (IT:ITD) stock is a Buy with a EUR20.00 price target. To see the full list of analyst forecasts on Intred SpA stock, see the IT:ITD Stock Forecast page.

More about Intred SpA

Intred S.p.A. is a leading telecommunications operator based in the Lombardy region, founded in 1996. The company is listed on the Euronext Growth Milan market and provides broadband and ultra-broadband connectivity, fixed wireless access, fixed telephony, cloud services, and related ancillary services. Intred manages a fiber optic network of over 14,250 kilometers, serving professional, public administration, and residential customers with a focus on efficiency, profitability, and high-quality service.

Average Trading Volume: 4,674

Technical Sentiment Signal: Sell

Current Market Cap: €154.3M

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

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