Econocom Group SE commences an Equity Buyback for 88,000,000 shares, under the authorization approved on November 30, 2021.

Econocom Group SE (ENXTBR:ECONB) commences share repurchases on April 1, 2022, under the program mandated by the shareholders in the Extraordinary General Meeting held on November 30, 2021. As per the mandate, the company is authorized to repurchase up to 88,000,000 shares. The shares will be repurchased at a minimum price of €1 and the maximum price at €10 per share.

The repurchase program is valid for 5 years.