Action S.A. (WSE:ACT) commences share repurchases on October 28, 2022, under the program mandated by the shareholders in the Extraordinary General Meeting held on October 26, 2022. As per the mandate, the company is authorized to repurchase up to 2,003,700 shares, representing 10% of its issued share capital, for PLN 20 million. The price for which the company will purchase its own shares under the program shall not be lower than the nominal value of the shares and shall not be higher than PLN 35 per share.

Own shares may be acquired for the purpose of: redemption and reduction of the Company's share capital; further resale by the Company; fulfilment of obligations under stock option schemes or other allocation of shares to employees or members of the administrative, management or supervisory bodies of the Company or its affiliates. The repurchases will be funded from the reserve capital created for this purpose. The program is valid till September 30, 2027.