Boiron SA (ENXTPA:BOI) commences share repurchases on January 31, 2022, under the program mandated by the Combined General Meeting held on May 27, 2021. As per the mandate, the company is authorized to repurchase up to 1,727,496 shares, representing 9.85% of its issued share capital, such that the company's holding in treasury together with the shares repurchased does not exceed 10% of its issued share capital at any point of time for €87.73 million. The shares will be repurchased at a maximum price of €50 per share.

The purpose of the program is to retain the shares purchased and subsequently deliver them for exchange or payment within the framework of possible external growth operations, ensure the cover of transferable securities giving right to the allocation of shares of the company and provide liquidity. The program will be valid for a period of 18 months. As of May 27, 2021, the company had 17,545,408 issued shares of which 27,045 shares were in treasury.