Alpha Trust Mutual Fund and Alternative Investment Fund Management S.A. (ATSE:ATRUST) commences share repurchases on June 17, 2016 under the program mandated by the shareholders in the Annual General Meeting held on June 3, 2015. As per the mandate, the company is authorized to repurchase up to 311,000 own shares, representing 10% of the total paid-up equity capital of the company, including the own shares that the company has previously acquired. The maximum price at which the shares will be repurchased is €14 per share and minimum price will be €0.01 per share. The Board of Directors are authorized to carry out all necessary actions to implement the share repurchase program. The share repurchase program is valid for 24 months, until June 2, 2017.