The shareholders of Liwe Espanola SA (BDM:LIW) authorized a share repurchase program at its ordinary general meeting on June 20, 2012. Under the program, the company will repurchase up to a maximum of 10% of the share capital. The maximum price to be paid for repurchase will be €30. The repurchase program will be valid for 18 months and will expire on the December 20, 2013.

LIWE ESPAÑOLA, Sociedad Anónima's share repurchase program expired on June 26, 2013.