(Alliance News) - Indel B Spa announced Friday that its board of directors confirmed Paolo Berloni as vice chairman and Luca Bora as the company's CEO and general manager.

The board of directors also appointed the members of the endo-committees and the supervisory board, who will remain in office for the 2023-2025 fiscal years.

The board then resolved to initiate a buyback plan with a total maximum countervalue of EUR2.6 million.

Indel B is flat at EUR23.30 per share.

By Chiara Bruschi, Alliance News reporter

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