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Unidata S.p.A. Acquires Additional Own Shares in Strategic Buyback

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Unidata S.p.A. Acquires Additional Own Shares in Strategic Buyback

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Unidata S.P.A. ( (IT:UD) ) just unveiled an announcement.

Unidata S.p.A. announced the purchase of 5,600 own shares, representing approximately 0.0181% of its share capital, as part of its ongoing share buyback program. This transaction, conducted on the Euronext Milan Market, reflects the company’s strategic financial management and may influence its market positioning by potentially enhancing shareholder value.

The most recent analyst rating on (IT:UD) stock is a Buy with a EUR3.50 price target. To see the full list of analyst forecasts on Unidata S.P.A. stock, see the IT:UD Stock Forecast page.

More about Unidata S.P.A.

Unidata S.p.A., founded in 1985, operates in the telecommunications, cloud, and IoT sectors. The company offers ultra-broadband connectivity services, including FTTH, wireless connectivity, VoIP, and cloud services, to over 29,300 customers. It is also involved in the IoT sector, providing solutions for home automation and Smart City markets. Unidata is listed on the Euronext Milan Market – STAR Segment.

Average Trading Volume: 68,568

Technical Sentiment Signal: Hold

Current Market Cap: €93.59M

See more insights into UD stock on TipRanks’ Stock Analysis page.

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