(Alliance News) - BasicNet Spa on Monday reported that between April 29 and May 3, it bought back 18,000 of its own ordinary shares at an average price of EUR3.894 each and a total value of EUR70,085.83.

Thus, the company holds 4.5 million of its own ordinary shares, or 8.4 percent of its share capital.

BasicNet is on par at EUR3.79 per share.

By Claudia Cavaliere, Alliance News reporter

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