Seco/Warwick S.A. (WSE:SWG) announces a share repurchase program. Under the program, the company will repurchase up to 1,073,783 shares, representing 10% of its issued share capital, at a price of PLN 25 per share for a total of PLN 26.84 million. Repurchases will be funded from the amount received under the credit agreement with mBank SA.

The tender offer is valid until February 10, 2015. As of February 3, 2015, the company has no shares in treasury.