(Alliance News) - Simone Spa announced Monday that its board of directors has agreed to submit to the shareholders' meeting a proposal to authorize the purchase of its own shares, proposing to set the amount that can be used for the buyback at EUR450,000.00 from available reserves.

Simone trades in the green by 2.9 percent at EUR1.95 per share.

By Claudia Cavaliere, Alliance News reporter

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