Internet Media Services S.A. (WSE:IMS) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 own shares. The program will be conducted in tranches. In the first tranche, the company will repurchase 400,000 shares, at a price of PLN 2.60 per share for a total of PLN 1.04 million. Shares repurchased can be retired or held for further sale. The share repurchase program is valid until December 31, 2017.