(Alliance News) - Cellularline Spa announced Monday that it bought back 5,696 of its own ordinary shares between April 29 and May 3.

The shares were re-purchased at an average price of EUR2.77 per share for a total consideration of EUR15,769.03.

As of today, the company holds 878,790 treasury shares, representing 4.0 percent of its share capital.

Cellularline's stock closed Monday at par at EUR2.79 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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