Tedea Technological Development and Automation Ltd. (TASE:TEDE) announces a share repurchase program. Under the program, the company will repurchase up to ILS 2 million worth of its common stock. The purpose of repurchase program is to take advantage of company's financial and liquidity capabilities through share repurchases.

The repurchases will be financed from company's own sources only. The program will be valid till September 9, 2024.