Alfa-Plam a.d. (BELEX:ALFA)announces a share repurchase program. Under the program, the company will repurchase up its own shares. The company will acquire its own shares on the regulated market - BSE in order to prevent disturbances in the securities market and prevent a greater and direct damage to the company.

The shares repurchases will be alienate or canceled. The Board of Directors believes that the company's stock price at the moment does not reflect the fair value of the company, and there is a risk that due to non-economic causes and reasons that are not related to the operations there until the fall of the value of shares, and therefore the value of the company by the previous years, the incidences of positive results The repurchase program will be valid for one year.