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Reti SpA ( (IT:RETI) ) has provided an announcement.
Reti SpA announced the purchase of 1,500 own shares between January 13 and January 17, 2025, as part of its share buyback program initiated in April 2024. This transaction, conducted through Integrae SIM S.p.A., increases Reti’s total ownership to 235,500 shares, representing 1.884% of its share capital, reinforcing its strategic financial positioning.
More about Reti SpA
Founded in Busto Arsizio in 1994, Reti is a leading Italian player in the IT Consulting sector, specializing in System Integration services. The company, listed on Euronext Growth Milan, offers IT Solutions, Business Consulting, and Managed Service Provider services, primarily serving sectors like BFSI, IT, Telco, and Manufacturing. Reti is known for its ‘technological CAMPUS,’ a hub for innovation and research across six Competence Centers, and operates Reti Academy to train highly qualified professionals.
YTD Price Performance: -6.25%
Average Trading Volume: 6,866
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €22.5M
See more insights into RETI stock on TipRanks’ Stock Analysis page.
