(Alliance News) - CIR Spa announced Monday that it bought back 344,746 of its own ordinary shares between Jan. 8 and Jan. 12.

The shares were taken over at an average unit price of EUR0.4255, for a total value of EUR146,689.01.

As of today, the company holds 60.0 million of its own shares, accounting for 5.4 percent of its share capital.

CIR's stock closed Monday down 1.8 percent to EUR0.42 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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