Blau Farmacêutica S.A. (BOVESPA:BLAU3) announces a share repurchase program. Under the program, the company will repurchase up to 4,484,848 shares, representing 2.5% of its issued share capital. The company aims to apply the company's available resources to maximize the generation of value for shareholders.

The acquired shares will be held in treasury, and may later be cancelled, sold on the stock exchange or intended for the eventual exercise of rights under the company's stock option plan, without reducing the company's capital. The company will only use available funds. The program is valid until December 4, 2023.

As of June 13, 2022, the company has 31,393,939 shares issued and outstanding and no treasury shares.