The shareholders of Ceramika Nowa Gala Spolka Akcyjna (WSE:CNG) authorized a share repurchase program at its Annual General Meeting on April 16, 2012. Under the program, the company will repurchase 2,200,000 shares. On July 4, 2012, the company will launch a buyback of up to 2,200,000 shares on July 5, 2012.