Newlat Food traded on its own ordinary shares in June

(Alliance News) - Newlat Food Spa reported Tuesday that it bought back 779,799 of its own ordinary shares in June.

The shares were taken over at an average unit price of EUR10.14, for a total consideration of EUR7.5 million.

The company also sold 1.7 million shares at an average price of EUR8.98 and a countervalue of EUR11.4 million.

As of today, the company holds 900,690 treasury shares, or 2.1 percent of its share capital.

Newlat Food's stock on Tuesday closed down 4.3 percent at EUR12.60 per share.

By Claudia Cavaliere, Alliance News reporter

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