ENEFI Energiahatékonysági Nyrt. (BUSE:ENEFI) commences share repurchases on August 8, 2016 under the program mandated by the shareholders in the General Meeting held on May 6, 2016. As per the mandate, the company is authorized to repurchase up to 10,000,000 dematerialized ordinary shares. The company will pay a minimum price of HUF 1 per share and a maximum price of HUF 1,000 per share, but it shall not exceed the value of the equity per voting shares in the quarterly report preceding the acquisition. The share repurchase program is valid for 18 months.