EdiliziAcrobatica S.p.A. (BIT:EDAC) commences share repurchases on July 9, 2021, under the program mandated by the shareholders in the Annual General Meeting held on June 25, 2021. As per the mandate, the company is authorized to repurchase up to 803,249 shares, representing 10% of its issued share capital, such that shares held by the company from time to time by the companies controlled by it, does not exceed 10% of the company's capital. The shares shall be purchased at a price not lower or more than 15% compared to the reference price recorded by the share in the last session stock market preceding each single operation. The purpose of the program for the purchase and disposal of the own shares, to provide the Company with a useful strategic investment opportunity for any purpose permitted by current European and national legislation, support the liquidity of the shares themselves, efficient use of the company's liquidity from an investment perspective a medium and long term, use of shares for characteristic management or projects consistent with the strategic lines of the company like acquisitions, mergers,demergers, etc., and/or for other uses deemed to be of financial/managerial interest and/or strategic for the company itself, including the exchange of shareholdings with others or used as a provision of a possible plan long-term incentive for Group managers and/or employees. The repurchased shares will be disposed off. The program will be financed through distributable profits and the available reserves resulting from the last duly approved financial statements. The program is valid for a period of 18 months from the date of approval of shareholders. As of June 25, 2021, the company had 8,032,498 ordinary shares and no shares in treasury.