Kuban Power Sale Company Open Joint-Stock Company (MICEX:KBSB) announces a share repurchase program. Under the program, the company will repurchase up its own shares. The shares will be purchased at a price of RUB 158 per share. The repurchases will be made in the off-market transactions. The record date to participate in the repurchase program is June 8, 2017. The share repurchase program will continue for a period of 45 days from the date of commencement.