(Alliance News) - ERG Spa announced Monday that it bought 193,120 of its own ordinary shares between Jan. 15 and Jan. 19.

The shares were taken over at an average unit price of EUR27.0093, for a total value of EUR5.2 million.

As of today, the company holds 3.5 million treasury shares, or 2.3 percent of its share capital.

ERG's stock closed Monday up 0.8 percent at EUR27.22 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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