Inwit (IT:INW) has released an update.
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INWIT has successfully completed a 300 million euro share buyback program, aimed at providing extraordinary remuneration to shareholders, as part of its 2023-2026 business plan. The program saw the acquisition of over 28 million shares, which represent nearly 3% of the company’s share capital, with plans to cancel these shares in accordance with shareholder resolutions. This move underscores INWIT’s commitment to enhancing shareholder value.
For further insights into IT:INW stock, check out TipRanks’ Stock Analysis page.
