(Alliance News) - Piquadro Spa reported Monday the purchase of 37,068 shares that took place between May 13 and May 17. The shares were taken over at an average price of EUR1.86 for a total of EUR68,946.29.

As a result of these purchases, Piquadro holds 2.6 million shares or 5.2 percent of the share capital.

Piquadro's stock on Monday closed flat at EUR1.87 per share.

By Chiara Bruschi, Alliance News reporter

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