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INWIT Completes Share Repurchase Program

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INWIT Completes Share Repurchase Program

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Inwit ( (IT:INW) ) just unveiled an update.

INWIT announced the completion of a share repurchase program, acquiring 2,522,501 ordinary shares at an average price of 10.1814 euros, totaling approximately 25.68 million euros. This move increases INWIT’s total holdings to 2,898,674 shares, representing about 0.311% of its share capital, potentially impacting its market positioning and shareholder value.

The most recent analyst rating on (IT:INW) stock is a Buy with a EUR13.50 price target. To see the full list of analyst forecasts on Inwit stock, see the IT:INW Stock Forecast page.

More about Inwit

Infrastrutture Wireless Italiane S.p.A. (INWIT) operates in the telecommunications infrastructure industry, focusing on providing wireless infrastructure services in Italy.

YTD Price Performance: 8.64%

Average Trading Volume: 1,773,445

Technical Sentiment Signal: Strong Buy

Current Market Cap: €9.46B

For detailed information about INW stock, go to TipRanks’ Stock Analysis page.

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