(Alliance News) - Recordati Spa reported Monday that it reported revenues of EUR607.8 million in the first quarter, up 10 percent from the same period in 2023.

On the same day, the shareholders' meeting approved the financial statements for the year 2023 and renewed the authorization to purchase and dispose of treasury shares for a maximum number of 3.5 million shares that can be purchased and for a maximum potential outlay of EUR200 million.

Recordati trades in the green by 1.5 percent at EUR50.60 per share.

By Claudia Cavaliere, Alliance News reporter

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