(Alliance News) - Gibus Spa announced Monday that it bought back 2,088 of its own shares between Oct. 9 and 13.

The shares were taken over at an average price of EUR11.4774 for a total consideration of EUR23,964.80.

The company directly holds 25,050 treasury shares, or 0.5 percent of the share capital.

Gibus' stock rises by 8 percent to EUR11.20 per share.

By Chiara Bruschi, Alliance News reporter

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