Transportadora de Gas del Sur S.A. (BASE:TGSU2) announces a share repurchase program. Under the program, the company will repurchase its own shares such that the treasury shares may not exceed, in the aggregate, 10% of the capital stock for a total of ARS 3,000 million. The shares will be purchased at a price not more than ARS 250 per share and $8.50 per ADR. The purpose of the repurchase program is to contribute to reduce the distortion existing between the economic value of the company and the quoted price of the company?s share on the stock exchange. The buyback program will be funded from the realized and liquid earnings and/or the company?s voluntary reserve. The repurchase program will run for 210 days, until March 22, 2021, subject to any renewal or extension of the period as approved by the Board of Directors. As of August 18, 2020, the company held 6,786,113 American Depositary Receipts representing 33,930,565 common shares in treasury.