(Alliance News) - GPI Spa announced Wednesday that FM Srl, of which GPI CEO Fausto Manzana is chairman and chief executive officer, has purchased 2,500 ordinary shares in the company.

The shares were taken over at an average price per share of EUR8.0442, for a total value of EUR20,110.50.

GPI's stock on Wednesday closed down 2.4 percent at EUR7.79 per share.

By Claudia Cavaliere, Alliance News reporter

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