Unidata Increases Treasury Stake With New Share Buyback

Tip Ranks
2026.03.09 10:52

Unidata S.P.A. has announced the continuation of its treasury share buyback program, purchasing 6,000 shares at an average price of €3.10, totaling €18,590. This acquisition represents approximately 0.0194% of the company's share capital, increasing its treasury shares to 784,956, or 2.5414% of share capital. The buyback reflects Unidata's capital management strategy and confidence in its market valuation. Analysts rate the stock as a Buy with a price target of €6.00. Unidata is an Italian telecommunications operator with a significant fiber-optic network and various connectivity solutions.