(Alliance News) - doValue Spa reported Monday that it purchased 350,000 of its own ordinary shares between Nov. 27 and Dec. 1.

The shares were taken over at an average unit price of EUR2.9845, for a total consideration of more than EUR1.0 million.

To date, the company holds 1.4 million of its own shares, representing 1.8 percent of its share capital.

DoValue's stock is down 0.3 percent at EUR3.15 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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