Ovaro Kiinteistösijoitus Oyj (HLSE:OVARO) commences a share repurchases on May 7, 2021, under the program mandated by the shareholders in the Annual General Meeting held on April 14, 2021. As per the mandate, the company is authorized to repurchase up to 900,000 shares. The authorization will be valid until June 30, 2022. On May 6, 2021, the company announced a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 0.52% of its share capital. The program will commence on May 7, 2021 and will expire on August 19, 2021 or when the amount has been reached. As of May 6, 2021, the company had 9,598,910 shares in issue and 422,415 shares in treasury.