IR Basis A/S (CPSE:IRABAS) commences share repurchases on February 14, 2019 under the program mandated by the shareholders in the Annual General Meeting held on April 19, 2018. As per the mandate, the company is authorized to repurchase its own shares. The repurchase program will be funded from company's free reserves. The repurchase program is valid for a period of 18 months from the date of Annual General Meeting.