NEUCA S.A. (WSE:NEU) announces a share repurchase program. Under the program, the company will repurchase up to 120,000 shares, for a total of PLN 120 million. The minimum price which may be paid for an ordinary share is PLN 1 per share.

The maximum price which may be paid for an ordinary share is PLN 1,000 per share. The purpose of the share purchase program is to redeem the purchased shares and reduce the share capital of the company and/or sell them to authorized employees/collaborators of the company in order to implement incentive program. The program is valid till December 31, 2026.