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Intred SpA ( (IT:ITD) ) has issued an announcement.
Intred S.p.A. announced the purchase of 250 of its own shares, amounting to a total of 2,594.05 Euros, as part of a program approved by shareholders to manage its shares. This move reflects Intred’s strategic efforts to optimize capital management and potentially enhance shareholder value, consolidating its position in the telecommunications market.
More about Intred SpA
Intred S.p.A. is a leading telecommunications operator in the Lombardy region, founded in 1996 and listed on the Euronext Growth Milan market since 2018. The company boasts a fiber optic network exceeding 13,000 kilometers, offering broadband and ultra-broadband connectivity, fixed telephony, and cloud services to professional, public administration, and residential customers. Intred’s business model is highly scalable with direct infrastructure management ensuring service quality and efficiency.
YTD Price Performance: 4.93%
Average Trading Volume: 12,967
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €169.4M
See more data about ITD stock on TipRanks’ Stock Analysis page.
