Italmobiliare buys more Italcementi shares

Italmobiliare buys more Italcementi shares
03 October 2007

Italmobiliare SpA, the holding company that controls Italcementi SpA, said
it bought Euro 16.2m in ordinary and savings shares in the cement company
between Sept 4-26.

As of Aug 31, Italmobiliare owned 59.02 per cent of Italcementi’s ordinary
capital, according to the cement company’s website. Italcementi’s share
price suffered from a sharp decline in the past months, slipping from nearly
Eur 25 reached early May, due to rising oil prices and concern about a
slowdown in the construction sector.
Published under Cement News