ESOTIQ & Henderson S.A. commences an Equity Buyback Plan for 446,700 shares, representing 20% of its issued share capital for PLN 20 million, under the authorization approved on February 27, 2023.

ESOTIQ & Henderson S.A. (WSE:EAH) commences share repurchases on September 29, 2023, under the program mandated by the shareholders in the Extraordinary General Meeting held on February 27, 2023. As per the mandate, the company is authorized to repurchase up to 446,700 shares, representing 20% of its issued share capital for PLN 20 million. The shares will be repurchased within a price range of PLN 0.1 per share to PLN 150 per share.

The program will be funded from the company's capital reserve. The repurchased shares will be used to offer shares of their own company to purchase workers or people , who were employed in the company or a company with its related party for a period of at least three years old, implementation of the managerial option program, resale, reissue or reduction of the company's share capital. The authorization will be valid till December 31, 2027.

As of February 27, 2023, the company had 2,233,266 shares issued.