(Alliance News) - CIR Spa announced Monday that it bought back 521,789 of its own ordinary shares between Jan. 15 and Jan. 19.

The shares were taken over at an average price per share of EUR0.4215, for a total value of EUR219,915.38.

As of today, the company holds 60.5 million of its own shares, equivalent to 5.5 percent of its share capital.

CIR's stock closed Monday up 0.6 percent to EUR0.43 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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