(Alliance News) - FinecoBank Spa announced Monday that the board of directors will request authorization from shareholders to purchase up to 246,015 ordinary treasury shares.

The shares, amounting to less than 0.1 percent of its share capital, will be used to actualize the "System 2023 PFA" plan for financial advisers identified as the most relevant personnel.

Fineco's stock closed Monday down 1.3 percent at EUR16.23 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to redazione@alliancenews.com

Copyright 2023 Alliance News IS Italian Service Ltd. All rights reserved.