(Alliance News) - TPS Group Spa announced Tuesday that it purchased 3,000 of its own ordinary shares between March 25 and March 28.

The shares were re-purchased at an average price of EUR7.00 per share, for a total value of EUR21,000.

As of today, the company holds 151,000 treasury shares, or 2.1 percent of its share capital.

TPS Group's stock closed Tuesday down 3.6 percent at EUR6.70 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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