(Alliance News) - Sabaf Spa announced Monday that it bought back 1,849 of its own ordinary shares between March 6 and March 10.

The shares were taken over at an average unit price of EUR16.6978, for a total value of EUR30,821.86.

As of today, the company holds 238,579 treasury shares, or 2.1 percent of its share capital.

Sabaf's stock closed Monday down 0.6 percent at EUR16.70 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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