Monbat AD (BUL:MONB) announces a share repurchase program. Under the program, the company will repurchase up to 1,170,000 shares, representing 3% of its issued share capital. The shares will be repurchased at a price between BGN 4.51 to BGN 8.75 per share.

The program shall be valid for a period of 180 calendar days from September 26, 2022.