Mersen SA (ENXTPA:MRN) commences share repurchases in June 20, 2022, under the program mandated by the shareholders in the Annual General Meeting held on May 19, 2022. As per the mandate, the company is authorized to repurchase its own shares, such that the company's holding in treasury does not exceed 10% of its issued share capital, for a total of €124.92 million. The shares will be repurchased at a price not exceeding €60 per share.

The repurchased shares will be held in treasury and subsequently remitted, used to cover share option and/bonus share plans, used to cover securities conferring rights to allotments of shares in the company, cancelled or used to improve liquidity of the company's shares. The authority shall be valid for 18 months.