(Alliance News) - Recordati Spa reported Tuesday that it bought back 60,652 of its own ordinary shares between June 17 and June 24.

The shares were taken over at an average price per share of EUR48.0660, for a total consideration of EUR2.9 million.

As of today, the company holds 2.9 million treasury shares, representing 1.4 percent of its share capital.

Recordati's stock closed Tuesday down 1.4 percent at EUR49.40 per share.

By Claudia Cavaliere, Alliance News reporter

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