(Alliance News) - Gibus Spa reported that it purchased 2,024 of its own ordinary shares between Oct. 23 and Oct. 27.

The shares were taken over at an average unit price of EUR10.8317, for a total consideration of EUR21,923.30.

As of today, the company holds 28,675 treasury shares, or 0.6 percent of its share capital.

Gibus' stock is down 3.9 percent at EUR10.00 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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