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Indra Sistemas Launches Temporary Share Buyback Program

Story Highlights
  • Indra Sistemas launches a Temporary Share Buyback Program to acquire up to 235,000 shares.
  • The program, managed by Banco Santander, aims to fulfill share delivery obligations to executives and employees.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Indra Sistemas Launches Temporary Share Buyback Program

Indra Sistemas ( (ES:IDR) ) has shared an announcement.

Indra Sistemas has announced a Temporary Share Buyback Program to acquire up to 235,000 shares, representing 0.13% of its share capital, with a maximum monetary value of €5,875,000. The program aims to fulfill the company’s obligations to deliver shares to its executives and employees as part of the compensation system, and will be managed by Banco Santander, S.A., with operations running from March 3 to March 17, 2025.

More about Indra Sistemas

Indra Sistemas, S.A. is a company operating in the technology and consulting industry, focusing on providing IT services and solutions. It is known for its work in defense, transport, energy, and telecommunications sectors, catering to both public and private sector clients worldwide.

YTD Price Performance: 17.79%

Average Trading Volume: 98,100

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €3.66B

Learn more about IDR stock on TipRanks’ Stock Analysis page.

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