(Alliance News) - Recordati Spa reported Tuesday that it bought back 14,103 of its own ordinary shares between March 4 and March 8.

The shares were taken over at an average unit price of EUR52.0390, for a total value of EUR733,906.02.

As of today, the company holds 2.8 million treasury shares, representing 1.3 percent of its share capital.

Recordati's stock is down 0.2 percent at EUR53.00 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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