Alpine Select AG (SWX:ALPN) commences share repurchases on June 29, 2020, under the program mandated by the shareholders in the Ordinary General Meeting held on May 20, 2020. As per the mandate, the company is authorized to repurchase up to 10% of its issued share capital. The repurchased shares will be cancelled.

The authority shall expire at the conclusion of Ordinary General Meeting to be held in 2022.