(Alliance News) - Fine Foods & Pharmaceuticals NTM Spa announced Monday that it purchased 1,637 of its own shares between Jan. 22 and Jan. 26.

The shares were taken over at a weighted average price of EUR8.8847 for a total value of EUR14,544.25.

As a result of these purchases, the company holds about 1.1 million treasury shares or 4.2 percent of its share capital.

Fine Foods & Pharmaceuticals' stock rises 0.6 percent to EUR9.03 per share.

By Chiara Bruschi, Alliance News reporter

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