Icade (ENXTPA:ICAD) commences share repurchases on January 7, 2019 under the program mandated by the shareholders in the Annual General Meeting held on April 25, 2018. Under the program, the company will repurchase up to 10% of its share capital provided that the number of shares held by the company at any time does not exceed 10% of the shares composing its share capital, for a maximum of €735 million. The maximum price at which the shares will be repurchased is €110 per share. The repurchased shares will be retained to be ultimately exchanged or used in payment for external growth operations, promote the liquidity of transactions and regular trading of the company’s shares and to allocate them to executive officers or employees of the company and/or companies in its group in the context of profit-sharing, share purchase options scheme, for allocation of free shares scheme and to transfer them in response to the exercise of rights attached to securities and for total or partial cancellation by means of a reduction in share capital. The repurchase program is valid for a period of 18 months.