Reti SpA ( (IT:RETI) ) has shared an update.
Reti SpA announced the purchase of 1,500 own shares, valued at 2,700 Euros, as part of a buyback program approved in 2024. This acquisition increases Reti’s total ownership to 243,000 shares, representing 1.944% of its share capital, reflecting strategic financial management and potential positive implications for shareholder value.
More about Reti SpA
Founded in Busto Arsizio in 1994, Reti is a leading Italian IT Consulting firm, specializing in System Integration services. It is a benefit corporation listed on Euronext Growth Milan, with over 350 professionals supporting digital transformation for Mid & Large Corporates. Reti offers IT Solutions, Business Consulting, and Managed Service Provider services, leveraging Key Enabling Technologies. The company has a strong customer base in sectors like BFSI, IT, Telco, and Manufacturing, and maintains partnerships with major IT vendors. Reti’s technological innovation is driven by its ‘technological CAMPUS’ and Reti Academy, focusing on sustainable and inclusive development.
YTD Price Performance: -5.73%
Average Trading Volume: 6,535
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €22.62M
See more insights into RETI stock on TipRanks’ Stock Analysis page.