(Alliance News) - Websolute Spa reported on Friday that it purchased 16,500 of its own ordinary shares between June 24 and June 28.

The shares were taken over at an average price per unit of EUR1.1218, for a total consideration of EUR18,510.25.

To date, the company holds 545,600 treasury shares, representing 5.3 percent of its share capital.

Websolute's stock closed Friday down 0.9 percent at EUR1.12 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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