(Alliance News) - Inwit Spa announced Monday that between Jan. 22 and Jan. 26 it bought back 297,888 ordinary shares at an average unit price of EUR11.0893, for a total value of EUR3.3 million.

As of today, the company holds 13.3 million treasury shares or about 1.4 percent of the share capital.

Inwit on Monday closed down 0.4 percent at EUR11.20per share.

By Claudia Cavaliere, Alliance News reporter

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