(Alliance News) - CIR Spa announced Monday that it bought back 730,268 of its own ordinary shares between Dec. 4 and Dec. 8.

The shares were taken over at an average price per share of EUR0.4205, for a total value of EUR307,102.96.

As of today, the company holds 58.3 million of its own shares, accounting for 5.3 percent of its share capital.

CIR's stock closed Monday up 0.7 percent to EUR0.43 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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