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Convergenze S.p.A. Expands Share Capital through Strategic Share Purchase

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Convergenze S.p.A. Expands Share Capital through Strategic Share Purchase

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Convergenze SpA Societa Benefit ( (IT:CVG) ) has issued an announcement.

Convergenze S.p.A. announced the purchase of 2000 own shares as part of a share purchase and disposal program, enhancing its holdings to 135,500 shares, or 1.807% of its Share Capital. This move, compliant with regulatory standards and executed through Integrae SIM S.p.A., underlines the company’s strategic financial management and supports its market positioning.

More about Convergenze SpA Societa Benefit

Convergenze S.p.A. Società Benefit and B-Corp is an integrated technology company operating in the Telecommunications and green Energy sectors across Italy. Established in 2005, it offers internet and fixed-line services and has expanded into energy trading, focusing on electricity from renewable sources and natural gas. The company is committed to sustainability and corporate social responsibility, reflected in its status as a Società Benefit and B-Corp.

YTD Price Performance: 0.61%

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €12.52M

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

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