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Unidata S.p.A. Expands Share Buyback Program

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Unidata S.p.A. Expands Share Buyback Program

Unidata S.P.A. ( (IT:UD) ) has provided an update.

Unidata S.p.A. announced the purchase of 391 own shares on the Euronext Milan Market, as part of its ongoing share purchase program. This transaction, which represents approximately 0.00127% of the company’s share capital, reflects Unidata’s strategic efforts to manage its equity and potentially enhance shareholder value.

More about Unidata S.P.A.

Unidata S.p.A., founded in 1985, operates in the telecommunications, cloud, and IoT sectors. The company provides ultra-broadband connectivity services through its extensive fiber optic and wireless networks, serving over 26,400 customers. Unidata is also active in the IoT sector, offering solutions for home automation and Smart City markets. It is listed on the Euronext Milan Market – STAR Segment.

YTD Price Performance: -4.36%

Average Trading Volume: 60,909

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €88.03M

See more insights into UD stock on TipRanks’ Stock Analysis page.

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