Flexopack Société Anonyme Commercial and Industrial Plastics Company commences an Equity Buyback Plan for 586,001 shares, representing 5% of its issued share capital, under the authorization approved on June 26, 2020.

Flexopack Société Anonyme Commercial and Industrial Plastics Company (ATSE:FLEXO) commences share repurchases on July 22, 2020, under the program mandated by the shareholders in the Annual General Meeting held on June 26, 2020. As per the mandate, the company is authorized to repurchase up to 586,001 shares, representing 5% of its issued share capital. The shares will be repurchased with a purchase price range of €3 per share (minimum limit) and €8 per share (ceiling). The program will expire within a period of 24 months after this decision and no later than June 26, 2022.