IMS S.A. (WSE:IMS) commences share repurchases on June 19, 2018, under the program mandated by the shareholders in the Annual General Meeting held on May 25, 2017. As per the mandate, the company is authorized to repurchase up to 1,000,000 shares. Acquisition of own shares may take place at a price not lower than PLN 2.50 per share and not higher than PLN 6.50 per share for a total of PLN 2.5 million. The shares repurchased will be cancelled, intended for resale or intended for another legally acceptable purpose indicated by the Management Board of the company. The program will commence on January 1, 2018 and will expire on March 31, 2019, however not longer than until the funds allocated for the acquisition of own shares have been exhausted.