Websolute S.p.A. (BIT:WEB) commences share repurchases on November 14, 2022, under the program mandated by the shareholders in the Ordinary Shareholders' Meeting held on April 19, 2022. As per the mandate, the company is authorized to repurchase its own shares for a total of €0.5 million. The company will repurchase its shares such that ordinary shares of the company from time to time held in its portfolio by the companies controlled by it, if any, does not exceed a total of 7.5% of the total share capital of the company.

The share repurchase price must not be less than higher or more than 20% higher than the official exchange price of shares registered by Borsa Italiana SpA in the previous session every single operation. The plan will be valid for 18 months.