The Board of Directors of Tehnometal Vardar AD Skopje authorized a share repurchase program on May 21, 2012. Under the program, the company will repurchase up to 4,000 shares, representing 5.0% of its shares. The shares will be repurchased within the price range of MKD 500 ($10.3/€8.1) to MKD 1,200 ($24.8/€19.5) per share. The share repurchase program will be valid for one year. The conversion was given in the article.

Tehnometal Vardar AD Skopje's share repurchase program expired on May 21, 2013.