Impellam Group plc (AIM:IPEL) commences share repurchases on August 11, 2021, under the program mandated by the shareholders in the Annual General Meeting held on June 29, 2021. As per the mandate, the company is authorized to repurchase up to 4,560,363 shares, representing 10% of its issued share capital. The minimum price that may be paid per ordinary share is not less than £0.01 per share. The maximum price which may be paid for an ordinary share is an amount equal to 105% of the average of the middle market quotations for the ordinary shares taken from the London Stock Exchange plc Daily Official List for five business days immediately preceding the day on which that Share is contracted to be purchased and an amount equal to the higher of the price of the last independent trade of an ordinary share and the highest current independent bid for an ordinary share on the London Stock Exchange's AIM market. The authority shall expire on the earlier of June 30, 2022, or will expire at the earlier of the conclusion of the 2022's Annual General Meting.

On July 2, 2021, the company announced a share repurchase program. Under the program, the company will repurchase its own shares.