Polaris Holding Company Ltd. (BER:POLAR.BH) announces a share repurchase program. Under the program, the company will repurchase up to 10% of its shares at a price of up to $4 per share. The company believes that the offer will be beneficial to both stakeholders who may look to liquidate their holdings, and for those who will continue to hold the shares.

The offer is subject to regulatory approval in the Annual General Meeting to be held on September 22, 2015.