PMPG Polskie Media SA (WSE:PGM) commences share repurchases on May 29, 2020 under the program mandated by the shareholders in the Annual General Meeting held on June 29, 2018. As per the mandate, the company is authorized to repurchase its own shares. The program is valid for 5 years. On December 20, 2018, the company initiated a Market Repurchase. Under the program, the company will repurchase up to 2,100,000 shares for PLN 2 million. The repurchased shares will be allocated to staff or these can be used for resale. The program will commence on January 15, 2019 and will expire on November 3, 2021. As of August 3, 2020, the company has repurchased 788,148 shares under the Buyback Program announced on December 20, 2018.