(Alliance News) - Prysmian Spa reported Monday that it bought back 159,395 of its own ordinary shares between July 8 and July 12.

The shares were taken over at an average price of EUR60.50 per share, for a total value of about EUR9.6 million.

As of today, the company holds 4.6 million treasury shares, or 1.7 percent of its share capital.

Prysmian's stock is down 1.7 percent at EUR61.56 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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