(Alliance News) - Recordati Spa reported Monday that it purchased 26,810 of its own ordinary shares between March 18 and March 22.

The shares were taken over at an average price per share of EUR51.5942, for a total consideration of EUR1.4 million.

To date, the company holds 2.8 million treasury shares, or 1.3 percent of its share capital.

Recordati's stock closed Monday down 0.6 percent at EUR52.00 per share.

By Claudia Cavaliere, Alliance News reporter

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