(Alliance News) - Italian Design Brands Spa on Monday reported that it bought back 5,518 of its own ordinary shares between Jan. 16 and Jan. 19.

The shares were taken over at an average unit price of EUR9.7796, for a total consideration of EUR56,963.89.

As of today, the company holds 16,880 treasury shares, or 0.1 percent of the share capital.

Italian Design Brands' stock trades in the green by 0.8 percent at EUR9.67 per share.

By Claudia Cavaliere, Alliance News reporter

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