(Alliance News) - Technogym Spa announced Tuesday that it purchased 197,000 of its own shares between Feb. 26 and March 1.

The shares were purchased at a daily weighted average price of EUR8.85 for a value of EUR1.7 million.

As a result of these purchases, the company holds 1.9 million treasury shares, or 0.9 percent of its share capital.

Technogym's stock closed Monday in the green by 0.6 percent at EUR8.80 per share.

By Claudia Cavaliere, Alliance News reporter

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