As Commercial Industrial Company of Computers and Toys S.A. commences an Equity Buyback Plan for 656,301 shares, representing 5.02% of its issued share capital, under the authorization approved on June 23, 2023.

As Commercial Industrial Company of Computers and Toys S.A. (ATSE:ASCO) commences share repurchases on March 1, 2024, under the program mandated by the shareholders in the Annual General Meeting held on June 23, 2023. As per the mandate, the company is authorized to repurchase up to 656,301 shares, representing 5.02% 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 until June 23, 2025. As of June 18, 2023, the company had 13,063,580 shares excluding treasury shares in issue and 62,440 own shares in treasury.