Gradus AD (BUL:GR6) commences share repurchases on September 20, 2021, under the program mandated by the shareholders in the Annual General Meeting held on June 5, 2020. As per the mandate, the company is authorized to repurchase up to 3% of its issued share capital. The minimum price which may be paid for each ordinary share is BGN 1.2 and the maximum price per share will be BGN 2. The program is valid for 5 years.