(Alliance News) - ERG Spa announced Monday that it purchased 270,00 ordinary shares between January 22 and 26.

The shares were purchased at a weighted average price of EUR27.2224, for a total consideration of nearly EUR7.4 million.

As a result of these transactions, ERG holds 3.8 million treasury shares or 2.5 percent of the relevant share capital.

ERG trades in the red by 1.0 percent at EUR26.74 per share.

By Chiara Bruschi, Alliance News reporter

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