CM.com N.V. (ENXTAM:CMCOM) commences a share repurchases on May 27, 2022, under the program mandated by the shareholders in the Annual General Meeting held on April 21, 2022. As per the mandate, the company is authorized to repurchase its own shares, such that the company or any subsidiary of the company shall not hold more than 10% of its issued share capital at any time. The share repurchases may occur at a price between the nominal value of the share and 110% of the average closing price of the share on Euronext Amsterdam N.V.'s stock exchange over a period of 5 days preceding the day of the acquisition of the shares.

The purpose of the program is to enable the Management Board to repurchase shares in the company's share capital in order to cover obligations under share-based compensation plans, or for other purposes. The authorization will be valid for a period of 18 months, until and including October 20, 2023.