Leasinvest Real Estate SCA (ENXTBR:NEXTA) commences share repurchases on December 9, 2021, under the program mandated by the Extraordinary General Meeting held on July 19, 2021. As per the mandate, the company is authorized to repurchase up to 10% of its issued share capital, such that the company's holding in treasury together with the shares repurchased does not exceed 10% of its issued share capital at any point of time. The shares will be repurchased at a maximum price per share equal to the highest of the last 20 closing prices preceding the day of acquisition of own shares, plus 10%. This authorization is granted for a period of 5 years from the authorization date. As of July 19, 2021, the company had 10,002,102 shares excluding treasury shares.

On December 8, 2021, the company announced a share repurchase program. Under the program, the company will repurchase 65,000 shares for a total amount of no more than €4.8 million. The goal of the share repurchase is to enable to meet its obligations resulting from the purchase plans for the benefit of its executive management. The repurchases will commence from December 9, 2021 and end on June 30, 2022.