Wiit S.p.A. (BIT:WIIT) commences share repurchases on June 14, 2021, under the program mandated by the shareholders in the Ordinary Shareholders' Meeting held on May 5, 2021. As per the mandate, the company is authorized to repurchase up to 2,652,066 shares, representing 5% of its issued share capital. The share repurchase price must not be more than 15% less or more than 15% greater than the reference price recorded on the open market day preceding each individual purchase transaction. The authorization will be valid for 18 months. As of May 5, 2021, the company had 26,520,660 shares in issue and 147,903 shares in treasury.