MBF Group S.A. (WSE:MBF) commences share repurchases on January 28, 2021, under the program mandated by the shareholders in the Extraordinary General Meeting held on March 22, 2021. As per the mandate, the company is authorized to repurchase up to a total nominal value of no more than PLN 0.44 million. The Own Shares will be purchased at the price of not more than PLN 5.00 per share and not lower than PLN 2.50 per share. The purchase of own shares along with the costs of their purchase shall be allocated funds from the company's supplementary capital. The shares repurchased will be offered to key persons of the company, redemption of shares, resale, exchange or other purpose determined by a resolution of the Management. The authorization is valid until August 31, 2021.