G City Ltd (TASE:GCT) announces a share repurchase program. Under the program, the company will repurchase up to ILS 100 million. The purpose of the program is to give the company's management flexibility to purchase its shares as much as possible and the share price on the stock exchange will reflect a significant discount in relation to the company's NAV, as it will be from time to time.

The program is valid till May 31, 2025.