Infotel SA (FR:INF) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Infotel SA has announced a share buyback program, proposed for approval at the Mixed General Meeting on May 22, 2024, allowing the company to repurchase up to 10% of its capital shares at a maximum price of 120 Euros per share. With a maximum budget of approximately 83.2 million Euros, the program is aimed at market stimulation, external growth operations, share cancellation, and employee share allocation, and will run for 18 months post-approval.
For further insights into FR:INF stock, check out TipRanks’ Stock Analysis page.
