(Alliance News) - Poste Italiane Spa announced on Monday that it bought back 235,297 of its own shares during the day at an average price per share of EUR12.722558, for a total value of EUR3.0 million.

The company has thus concluded a first tranche of the share buyback program, implemented within the framework of the authorization resolved by the shareholders' meeting on May 31, 2024.

Poste Italiane thus holds 10.8 million treasury shares, or 0.8 percent of its share capital.

Poste Italiane's stock closed Monday in the red by 0.3 percent at EUR12.76 per share.

By Chiara Bruschi, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Copyright 2024 Alliance News IS Italian Service Ltd. All rights reserved.