Procad S.A. (WSE:PRD) announces a share repurchase program. Under the program, the company will repurchase up to 749,500 shares, representing 8.31% of its stake for PLN 1.35 million. The shares will be repurchased at a price of PLN 1.8 per share. The shares will be purchased from the shareholders for remuneration paid from the funds remaining in the reserve capital. The shares repurchased will be redeemed. The repurchase program has been approved by the shareholders in the Extraordinary General Meeting held on October 21, 2020. The offer will expire on November 19, 2020.