(Alliance News) - Indel B Spa announced Tuesday that it bought back 500 of its own ordinary shares between March 11 and March 15.

The shares were taken over at an average unit price of EUR23.70, for a total value of EUR11,850.

To date, the company holds 230,537 of its own shares.

Indel B's stock is down 1.3 percent at EUR23.40 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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