DBA Group S.p.A. (BIT:DBA) commences share repurchases on February 10, 2023, under the program mandated by the shareholders in the Annual General Meeting held on June 29, 2022. As per the mandate, the company is authorized to repurchase up to 1,151,330 shares, representing 10% of its issued share capital for ?2 million. The minimum price to be paid for repurchases must not lower than 20% of the reference price recorded by the security in the Stock Exchange session of the day preceding each individual transaction and the maximum price to be paid for repurchases must not be higher than 20% of the reference price recorded by the security in the Stock Exchange session of the day preceding each individual transaction. The authorization is valid for 18 months. As of June 13, 2022, the company had 11,513,300 issued shares.

On January 16, 2023, the company announced a share repurchase program. Under the program, the company will repurchase up to 350,000 shares. The purchases will be used by the company to acquire a package of shares useful for industrial operations or extraordinary finance.