(Alliance News) - BasicNet Spa announced on Monday that between April 8 and April 12 it purchased 29,000 of its own ordinary shares at an average price of EUR4.012 each and a total value of EUR116,340.47.

Thus, the company holds 4.5 million of its own ordinary shares, or 8.4 percent of the share capital.

BasicNet trades in the red by 1.8 percent at EUR3.87 per share.

By Claudia Cavaliere, Alliance News reporter

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