Nobia AB (publ) (OM:NOBI) commences share repurchases on June 18, 2021, under the program mandated by the shareholders in the Annual General Meeting held on April 29, 2021. As per the mandate, the company is authorized to repurchase its shares as may be purchased without the company's holding at any time exceeding 10% of the total number of outstanding shares in the company. The acquisitions shall take place only at a price per share within the share price interval registered at that time, which means the difference between the highest buying price and the lowest selling price. The repurchases in accordance with a tender offer shall be effected at a price corresponding to the lowest share price at the time of the offer with a maximum upward divergence of 20%. The repurchased shares will be delivered to the participants in company's outstanding Performance Share Plans. The acquisitions may be made on one or several occasions up until until the 2022 Annual General Meeting. On June 16, 2021, the company announced a share repurchase program. Under the program, the company will repurchase up to 600,000 shares. The program will run until September 30, 2021. As of June 16, 2021, the company had 170,293,458 shares in outstanding and 1,440,637 shares in treasury.