Reply Buys Back Own Shares in May
IT services company Reply S.p.A. announced it repurchased 128,000 of its own shares during May. The average purchase price was 99.70 euros per share.
IT services company Reply S.p.A. announced in early June that it had conducted share buybacks during May as part of a previously disclosed program.
Between May 4 and May 29, Reply acquired a total of 128,000 treasury shares on the Euronext Milan market. The total consideration for these purchases was approximately 12.4 million euros, with an average price of 99.70 euros per share. These shares represent 0.3421% of the company's share capital.
As of May 31, 2026, Reply held a total of 400,192 treasury shares, equivalent to 1.06971% of its share capital. The buyback program was initiated on April 13, 2026, following disclosure on April 9, 2026.
Reply specializes in designing and implementing solutions based on new communication channels and digital media. The company assists major industrial groups in defining and developing business models enabled by new technologies such as artificial intelligence and cloud computing.