(Alliance News) - OVS Spa reported Monday that it bought back 1.0 million of its own ordinary shares between Feb. 26 and March 1.

The shares were taken over at an average unit price of EUR2.2544, for a total value of EUR2.3 million.

To date, the company holds 31.3 million treasury shares, or 10.8 percent of its share capital.

OVS's stock is on par at EUR2.25 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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