(Alliance News) - BasicNet Spa announced on Monday that it bought back 23,050 shares at an average price of EUR3.756 for a total value of EUR86,574.67 during the period from May 20 to 24.

As a result of the above purchases, BasicNet holds a total of 4.6 million shares

own shares, representing 8.6 percent of the share capital.

BasicNet's stock trades in the green by 0.3 percent at EUR3.70 per share.

By Chiara Bruschi, Alliance News reporter

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