An update from Convergenze SpA Societa Benefit ( (IT:CVG) ) is now available.
Convergenze S.p.A. has purchased 2,000 of its own shares, valued at 3,315 Euros, as part of a share buyback program approved by its shareholders. This move increases its total holdings to 142,000 shares, representing 1.894% of its share capital, potentially strengthening its market position and demonstrating confidence in its growth prospects.
More about Convergenze SpA Societa Benefit
Convergenze S.p.A. Società Benefit is an integrated technology operator active in the green Telecommunications and Energy sectors. It operates nationwide in Italy, providing services such as internet and fixed-line telecommunications, and has expanded into the energy sector, trading electricity from renewable sources and natural gas. The company is committed to sustainability and corporate social responsibility, having become a Società Benefit and B-Corp, promoting a fair and regenerative economic system.
YTD Price Performance: -0.61%
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €12.44M
Learn more about CVG stock on TipRanks’ Stock Analysis page.