Poligrafica S. Faustino S.p.A. (BIT:PSF) commences share repurchases on February 24, 2020, under the program mandated by the shareholders in the Annual General Meeting held on April 18, 2019. As per the mandate, the company is authorized to repurchase up to 224,696 shares, representing 20% of its issued share capital. The purpose of the share repurchases is for incentive plans and allow the use of treasury shares in connection with transactions related to current management and industrial projects that are coherent with the strategic guidelines of the company itself. The repurchase program will be valid for 18 month. As of April 18, 2019, the company had 15,819 shares in treasury.