(Alliance News) - Newlat Food Spa reported Friday that it bought back 154,832 of its own ordinary shares in January.

The shares were taken over at an average unit price of EUR7.94, for a total value of EUR1.2 million.

As of today, the company holds about 1.5 million treasury shares, or 3.4 percent of its share capital.

Newlat is down 0.7 percent to EUR8.04 per share.

By Claudia Cavaliere, Alliance News reporter

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