(Alliance News) - TPS Group Spa announced Monday that it purchased 3,500 of its own shares between Sept. 18 and Sept. 22.

The shares were taken over at an average price of EUR5.69 for a total value of EUR19,900.

As a result of these transactions, TPS owns 8,000 of its own shares or 0.1 percent of its share capital.

TPS stock is flat at EUR5.65 per share.

By Chiara Bruschi, Alliance News reporter

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