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Mare Engineering Group SpA ( (IT:MARE) ) has shared an update.
Mare Group S.p.A. announced the purchase of 14,721 of its own shares, valued at approximately Euro 64,024.18, as part of a program approved by its shareholders and board. These transactions, executed through MIT SIM S.p.A., reflect Mare Group’s ongoing strategy to manage its share capital effectively. The company now holds 178,231 own shares, accounting for 1.19% of its share capital. This move is part of Mare Group’s broader efforts to strengthen its financial positioning and enhance shareholder value, aligning with its focus on innovation and market expansion.
More about Mare Engineering Group SpA
Founded in 2001, Mare Group is a digital engineering company listed on the Euronext Growth Milan market. It specializes in technological innovation and serves over 1,000 clients with more than 300 employees across 16 operational and commercial offices. Mare Group has made significant investments in R&D and has completed 11 acquisitions since 2019, which have enhanced its product portfolio and market presence in the Italian innovation ecosystem.
YTD Price Performance: -3.01%
Average Trading Volume: 20,267
Technical Sentiment Consensus Rating: Strong Buy
Find detailed analytics on MARE stock on TipRanks’ Stock Analysis page.
