Societe de Tayninh SA will seek shareholder approval for a share repurchase program at its forthcomming Annual General Meeting. Under the program, the company will repurchase up to 10% of its issued share capital. The maximum price at which the shares will be repurchased is €3 per share and the maximum amount allocated for the repurchase is €0.99 million.

The share repurchase program is valid for 18m months.