(Alliance News) - Elica Spa announced on Wednesday that on April 3 it had concluded the second part of the ordinary share buyback program launched on November 6.

During this period, the company bought back 350,000 ordinary shares, equivalent to about 0.6 percent of the share capital, for a total value of EUR720,504 and a volume-weighted average price of EUR2.06.

As a result of these purchases, Elica holds a total of 1.3 million treasury shares, equivalent to 2.1 percent of the share capital.

Elica's stock trades in the green by 0.8 percent at EUR1.89 per share.

By Chiara Bruschi, Alliance News reporter

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