(Alliance News) - Maire Tecnimont Spa on Monday announced that it has launched a share buyback program intended for the company's employees.

The plan calls for a maximum purchase of about 6.4 million shares and for a total amount of EUR44.1 million.

Maire Tecnimont on Monday closed 0.1 percent in the red at EUR6.96 per share.

By Claudia Cavaliere, Alliance News reporter

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