GEK TERNA Holdings, Real Estate, Construction S.A. commences an Equity Buyback for 10% of its issued share capital, under the authorization approved on October 20, 2022.

GEK TERNA Holdings, Real Estate, Construction S.A. (ATSE:GEKTERNA) commences share repurchases on December 5, 2022, under the program mandated by the shareholders in the Extraordinary General Meeting held on October 20, 2022. As per the mandate, the company is authorized up to 10% of its issued share capital. The shares will be repurchased at a minimum price of €0.30 per share and at a maximum price will be €30 per share.

The authority shall remain valid for 2 years, until October 19, 2024.