(Alliance News) - TXT e-solutions Spa announced Tuesday that it took over 8,642 propre ordinary azinoi between March 18 and 28 and sold 154,296 shares.

The shares sold -- at an average price per unit of EUR16.2026, for a total consideration of EUR2.5 million -- were sold to fulfill payment commitments made by TXT under the agreement to acquire the entire capital of Fastcode Spa.

As of March 28, the company held 1.2 million treasury shares, equivalent to 9.4 percent of its share capital.

TXT e-solutions' stock is down 0.4 percent at EUR22.80 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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