An update from Inwit ( (IT:INW) ) is now available.
INWIT has initiated the first tranche of a share buyback program, authorized by its shareholders and board, with a maximum allocation of €300 million, as part of its 2025-2030 Industrial Plan. This strategic move aims to optimize capital allocation and may serve purposes such as share cancellation or supporting long-term incentive plans, with purchases conducted through Goldman Sachs and Morgan Stanley on Euronext Milan.
More about Inwit
Infrastrutture Wireless Italiane S.p.A. (INWIT) operates in the telecommunications infrastructure industry, focusing on providing wireless infrastructure services. The company is involved in the development and management of telecommunication towers and related infrastructure, primarily serving mobile network operators in Italy.
YTD Price Performance: 2.55%
Average Trading Volume: 127,107
Technical Sentiment Signal: Sell
Current Market Cap: €9.37B
For an in-depth examination of INW stock, go to TipRanks’ Stock Analysis page.