Goodtech ASA (OB:GOD) commences share repurchases on September 14, 2021, under the program mandated by the Annual General Meeting held on April 28, 2021. As per the mandate, the company is authorized to repurchase its own shares, such that it’s holding in treasury does not exceed 10% of issued share capital. The highest amount that can be paid per share is NOK 80 and the lowest amount is of NOK 2 per share. The shares acquired under the authority shall be used for the implementation of share saving programs for employees, for the redemption of minor shareholdings in the company and for other purposes. The authority is valid until the next Annual General Meeting, but no later than June 30, 2022. On September 13, 2021, the company announced a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, for NOK 4 million. The program will run until September 30, 2021.