(Alliance News) - Banco BPM Spa announced Thursday that MAM Srl, a company of which Maurizio Comoli -- vice chairman of BPM -- is chairman, has bought 12,000 ordinary shares in the bank.

The shares were taken over at an average unit price of EUR6.39, for a total value of EUR76,680.

Banco BPM's stock is down 1.4 percent at EUR6.14 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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