PharmaSGP Holding SE (XTRA:PSG) commences a share repurchases on January 4, 2023, under the program mandated by the shareholders in the Annual General Meeting held on May 28, 2020. As per the mandate, the company is authorized to repurchase its own shares.

On January 3, 2023, the company announced a share repurchase program. Under the program, the company will repurchase up to 60,000 shares, for €1.5 million. The company intends to use the repurchased shares in accordance with the authorization of the General Meeting of May 28, 2020 for all legally permissible purposes. The program will start on January 4, 2023 and terminate at the end of July 3, 2023 at the latest.