(Alliance News) - Garofalo Health Care Spa has announced that its board of directors has approved the start of the company's new buyback plan for a maximum cash amount of EUR7 million.

As of today's date, GHC holds 1.4 million shares, or 1.6 percent of the company's share capital.

Garofalo Health Care on Thursday closed flat at EUR4.07 per share.

By Claudia Cavaliere, Alliance News reporter

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