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Mare Engineering Group SpA ( (IT:MARE) ) has shared an announcement.
Mare Group S.p.A. has announced the purchase of 10,244 of its own shares between January 27 and January 31, 2025, as part of its share purchase and disposal program. This acquisition, conducted through MIT SIM S.p.A., aligns with the company’s strategy to consolidate its position in the digital engineering sector by strengthening its shareholder structure. As of the end of January, Mare Group holds 150,735 own shares, equal to 1% of its share capital, reflecting its commitment to enhancing shareholder value.
More about Mare Engineering Group SpA
Founded in 2001, Mare Group is a digital engineering company listed on the Euronext Growth Milan market, operating across the entire value chain of technological innovation. With over 1,000 clients, more than 300 employees, and 16 operational and commercial offices, the company is a significant player in the Italian innovation ecosystem, underscored by substantial investments in R&D and multiple acquisitions to enhance its product portfolio and market presence.
YTD Price Performance: -6.25%
Average Trading Volume: 21,519
Technical Sentiment Consensus Rating: Strong Buy
Learn more about MARE stock on TipRanks’ Stock Analysis page.
