(Alliance News) - Banca Mediolanum Spa reported Wednesday that it bought back 129,000 of its own ordinary shares between July 1 and 2.

The shares were taken over at an average price per share of EUR10.5234, for a total value of EUR1.4 million.

As of today, the bank holds 5.4 million treasury shares, or 0.7 percent of its share capital.

Banca Mediolanum's stock is up 0.8 percent at EUR10.59 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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