tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Intred S.p.A. Expands Share Buyback Program

Story Highlights
Intred S.p.A. Expands Share Buyback Program

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from Intred SpA ( (IT:ITD) ).

Intred S.p.A. announced the purchase of 1,427 own shares at an average price of 9.666 Euros per share, totaling 13,792.82 Euros, as part of its share purchase and disposal program. This operation, conducted through Intermonte SIM S.p.A., increases Intred’s ownership to 53,318 shares, representing 0.3356% of its share capital, reinforcing its market position and shareholder value.

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 in the Lombardy region, founded in 1996 by Daniele Peli. The company, listed on the Euronext Growth Milan market since 2018, offers 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, catering to Professional, Public Administration, and Residential customers, ensuring high service quality and efficiency.

Average Trading Volume: 5,831

Technical Sentiment Signal: Sell

Current Market Cap: €154.3M

For a thorough assessment of ITD stock, go to 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