Motor Oil Corinth Refineries S.A. commences an Equity Buyback for 5,000,000 shares, under the authorization approved on October 11, 2023.

Motor Oil (Hellas) Corinth Refineries S.A. (ATSE:MOH) commences share repurchases on October 20, 2023, under the program mandated by the shareholders in the Extraordinary General Meeting held on October 11, 2023. As per the mandate, the company is authorized to repurchase up to 5,000,000 shares. The shares will be repurchased at a minimum price of ?8 per share and at a maximum price of ?32 per share.

The repurchase authorization will be valid till May 30, 2025.