Atlantic Grupa d.d. (ZGSE: ATGR-R-A) commences share repurchases on March 11, 2020, under the program mandated by the shareholders in the Genera Assembly held on June 27, 2019. As per the mandate, the company is authorized to repurchase shares together with the shares already repurchased not exceeding 10% of its subscribed initial capital. The lowest price per share is equal to the nominal value of one share whereas the highest price per share will not exceed the average market price during 15 days preceding the repurchasing of shares. The highest price of one share may be increased for up to 5%, subject to the approval of the Supervisory Board of the company. The repurchase program will be valid for 5 years. On March 9, 2020, the company announced a share repurchase program. Under the program, the company will repurchase up to 22,000 shares. The shares repurchased will be offered under the share option program to employees or employees of associate companies. The repurchases will be made during 2020.