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Unidata S.P.A. ( (IT:UD) ) just unveiled an announcement.
Unidata S.p.A. announced the purchase of 398 of its own shares on the Euronext Milan Market, representing approximately 0.0013% of its share capital, at an average price of €2.83. This transaction is part of an ongoing share purchase program, and following this purchase, the company holds 659,681 own shares, equating to 2.1358% of its share capital. This move is likely to impact the company’s market positioning by potentially enhancing shareholder value and demonstrating confidence in its financial stability.
More about Unidata S.P.A.
Unidata S.p.A. is a telecommunications, cloud, and IoT services operator founded in 1985. It operates a fiber optic network of approximately 7,600 km, a wireless network, and a proprietary data center, providing ultra-broadband connectivity services to over 27,500 customers. The company is active in the Internet of Things sector, focusing on home automation and Smart City solutions. Unidata is listed on the Euronext Milan Market – STAR Segment of Borsa Italiana.
YTD Price Performance: -2.35%
Average Trading Volume: 40,091
Technical Sentiment Signal: Buy
Current Market Cap: €89.88M
See more data about UD stock on TipRanks’ Stock Analysis page.