JR Holding ASI S.A. (WSE:JRH) commences share repurchases on December 3, 2020, under the program mandated by the shareholders in the Ordinary General Meeting held on August 30, 2020. As per the mandate, the company is authorized to repurchase up to 500,000 shares, for PLN 20 million. The shares will be purchased at a price not more than PLN 40 per share. The purpose of the program is share redemption own or their use in the incentive program or their further resale. The program will be funded out of the supplementary capital of the company. The program is valid till December 31, 2023, but not longer than until the funds allocated for their purchase are exhausted.