TXT e-solutions S.p.A. (BIT:TXT) commences share repurchases on May 2, 2024, under the program mandated by the shareholders in the Annual General Meeting held on April 24, 2024. As per the mandate, the company is authorized to repurchase up to 2,601,250 shares, representing 20% of its issued share capital. The repurchase price of each treasury share must be, as a minimum, equal to ?0.5 (corresponding to the nominal value) and, as a maximum, equal to the previous stock exchange price prior to each individual transaction increased by no more than 10%.

The repurchase program is valid for 18 months. As of April 23, 2024, the company had 1,232,616 treasury shares.