(Alliance News) - Italian Design Brands Spa reported Monday that it bought back 7,125 of its own ordinary shares between Feb. 19 and Feb. 23.

The shares were taken over at an average unit price of EUR9.2506, for a total consideration of EUR65,910.69.

As of today, the company holds 50,248 treasury shares, or 0.2 percent of its share capital.

IDB's stock closed Monday up 0.8 percent at EUR9.37 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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