(Alliance News) - Tinexta Spa announced Monday that it bought back 37,000 of its own ordinary shares between Sept. 25 and Sept. 29.

The shares were taken over at an average unit price of EUR15.04927, for a total value of EUR556,822.85.

To date, the company holds 1.8 million of its own ordinary shares, accounting for 3.8 percent of its share capital.

Tinexta's stock Monday closed in the green by 6.6 percent at EUR16.51 per share.

By Claudia Cavaliere, Alliance News reporter

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