As Commercial Industrial Company of Computers and Toys S.A. (ATSE:ASCO) commences share repurchases on March 9, 2020, under the program mandated by the shareholders in the Annual General Meeting held on June 21, 2019. As per the mandate, the company is authorized to repurchase up to 5% of its issued share capital. The shares will be repurchased at a minimum price of €0.5 per share and at a maximum price €4 per share. The repurchase authorization will be valid for 24 months or until June 21, 2021. On March 6, 2020, the company announced a share repurchase program. Under the program, the company will repurchase up to 656,301 shares. The repurchase program will expire on June 21, 2021.