AST Groupe (ENXTPA:ASP) commences share repurchases on June 5, 2019, under the program mandated by the shareholders in the Annual General Meeting held on June 5, 2019. As per the mandate, the company is authorized to repurchase up to 10% of its issued share capital for €28.38 million. The maximum purchase price will not exceed €22.00 per share. The purpose of the program is to promote liquidity, to cancel the shares thus bought back by means of a capital reduction, to allocate shares to employees or corporate officers of the Company and of French or foreign companies or groups linked to it under the legal and regulatory conditions, to allocate the shares during the exercise of rights attached to transferable securities giving right by redemption, conversion, exchange, presentation of a warrant or in any other way, to existing shares of the company and to deliver the shares for payment or in exchange, in particular, in the context of external growth operations. The share repurchase program is valid for 18 months.