(Alliance News) - Banca Mediolanum Spa reported Friday that it purchased 611,000 of its own shares between June 3 and June 7.

The shares were taken over at an average price of EUR10.7587 for a total value of EUR6.6 million.

As a result of these purchases, Banca Mediolanum holds 4.1 million shares or 0.6 percent of the share capital.

Banca Mediolanum's stock closed Thursday in the red by 0.9 percent at EUR10.83 per share.

By Chiara Bruschi, Alliance News reporter

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