(Alliance News) - FOS Spa announced Friday that the board of directors has requested authorization from shareholders to start a new buyback prorgamma.

Shareholders will have their say on the maximum EUR2.0 million plan on December 21.

As of today, the company holds 117,000 treasury shares, or 1.7 percent of its share capital.

FOS stock closed Friday in the green by 3.0 percent at EUR3.44 per share

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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