The latest announcement is out from Convergenze SpA Societa Benefit ( (IT:CVG) ).
Convergenze S.p.A. Società Benefit announced the purchase of 2,500 of its own shares at a total value of 4,250 Euros as part of a program approved by its shareholders. This move increases the company’s total ownership to 148,000 shares, representing 1.974% of its share capital, and reflects its strategic focus on maintaining a strong market position and shareholder value.
More about Convergenze SpA Societa Benefit
Convergenze S.p.A. Società Benefit is an integrated technology operator active in the Telecommunications and 100% green Energy sectors. Established in 2005 in Capaccio Paestum, the company offers internet and fixed telephony services and has expanded into the Energy sector, trading electricity from renewable sources and natural gas. It operates the EVO network for electric vehicle charging and emphasizes sustainability, innovation, and green mobility. Convergenze became a Società Benefit in 2020 and a B-Corp in 2025, focusing on responsible and sustainable operations.
Average Trading Volume: 20
Technical Sentiment Signal: Strong Buy
Current Market Cap: €12.52M
For a thorough assessment of CVG stock, go to TipRanks’ Stock Analysis page.