(Alliance News) - FinecoBank Spa announced Tuesday that it has approved a 246,015-share buyback plan of up to EUR1.3 million.

The program will begin Feb. 7 and may last no longer than March 7.

As of today, the bank holds 91,459 treasury shares, accounting for just over 0 percent of its share capital.

FinecoBank's stock closed Tuesday down 1.9 percent at EUR12.84 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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