(Alliance News) - Inwit Spa reported Monday that it bought back 389,747 of its own ordinary shares between April 8 and April 12.

The shares were taken over at an average price per share of EUR9.9995, for a total consideration of EUR3.9 million.

To date, the company holds 15.7 million treasury shares, or 1.6 percent of its share capital.

Inwit's stock closed Monday down 0.1 percent at EUR9.93 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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