AST Groupe (ENXTPA:ASP) commences share repurchases on November 27, 2017under the program mandated by the shareholders in the Annual General Meeting held on May 31, 2017. As per the mandate, the company is authorized to repurchase up to 380,999 shares, representing 3% of its issued share capital, subject to the number of shares purchased, after deducting the number of shares sold during the program's duration as part of the liquidity objective. The maximum amount allocated for the repurchase is €1.5 million. The shares will be repurchased for the purpose of stimulating the market through a liquidity contract compliant with the AMAFI Charter and for allotment of shares under the terms and conditions provided for by law, particularly in the context of participation in the fruits of the company's expansion, for the service of stock options, under a company savings plan, or for the free allocation of shares to employees and corporate officers in accordance with Articles L.225-197-1 et seq. of the French Commercial Code and for cancellation of all or part of these shares, subject to the adoption by the Extraordinary General Meeting of a resolution authorizing the Board of Directors to proceed with such cancellation by a share capital reduction operation. The share repurchase program is valid for 12 months. As of November 27, 2017, the company had 9,542 common shares in treasury.