Bijou Brigitte modische Accessoires Aktiengesellschaft (DB:BIJ) commences share repurchases on June 27, 2019, under the program mandated by the shareholders in the Annual General Meeting on June 18, 2019. As per the mandate, the company is authorized to repurchase up to 493,165 shares, representing 6.09% of its issued share capital. The shares will be repurchased at a price not exceeding 10% above or below the average closing price of the company’s shares on the stock exchange, during the last three days prior to the undertaking to acquire own shares. The repurchased shares will be retired and/or sold in return for non- cash consideration for acquiring companies and/or sold for cash. The authority shall be valid till June 17, 2024. As at May 8, 2019, the company had 8,100,000 shares in issue and 316,835 shares in treasury. On June 26, 2019, the company announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 3.09% of its issued share capital for a total of €10 million.