(Alliance News) - Inwit Spa announced on Monday that between March 8 and March 15 it bought back 299,630 of its own ordinary shares at an average price of EUR10.3699 and a total value of EUR3.1 million.

Thus, the company holds 14.0 million treasury shares or 1.5 percent of the share capital.

On Monday, Inwit closed down 1.0 percent at EUR10.37 per share.

By Claudia Cavaliere, Alliance News reporter

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