Geratherm Medical AG (XTRA:GME) commences share repurchases on January 23, 2023, under the program mandated by the shareholders in the Annual General Meeting held on September 18, 2020. As per the mandate, the company is authorized to repurchase its own shares.

On January 17, 2023, the company announced a share repurchase program. Under the program, the company will repurchase 100,000 issue no-par value shares. The repurchases will commence from January 23, 2023, and end on December 31, 2023.