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Mare Engineering Group SpA ( (IT:MARE) ) has provided an announcement.
Mare Group S.p.A. announced the purchase of 12,775 of its own shares in a program approved by its shareholders, at a total value of approximately €54,131.34. This strategic move is part of the company’s plan to manage its share capital and enhance shareholder value, indicating the company’s strategic financial maneuvers to strengthen its market position.
More about Mare Engineering Group SpA
Founded in 2001, Mare Group S.p.A. is a digital engineering company listed on the Euronext Growth Milan market. It operates across the entire value chain of technological innovation, serving over 1,000 clients and employing more than 300 employees across 16 operational and commercial offices. The company is a significant player in the Italian innovation ecosystem, focusing on integrating complementary resources and technologies through substantial investments in R&D and 11 acquisitions since 2019.
YTD Price Performance: -4.46%
Average Trading Volume: 20,375
Technical Sentiment Consensus Rating: Strong Buy
For a thorough assessment of MARE stock, go to TipRanks’ Stock Analysis page.
