(Alliance News) - Shedir Pharma Group Spa announced Monday that it bought back 4,500 of its own ordinary shares between May 15 and May 19.

The shares were taken over at an average unit price of EUR4.6630, for a total consideration of EUR20,985.

As of today, the company holds 52,500 treasury shares, equivalent to 0.5 percent of its share capital.

Shedir Pharma Group's stock is down 2.1 percent at EUR4.68 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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