Sescom S.A. (WSE:SES) commences share repurchases on May 15, 2020, under the program mandated by the shareholders in the Annual General Meeting held on March 16, 2020. As per the mandate, the company is authorized to repurchase up to 20,000 shares for PLN 0.6 million. The purchase price per unit shall not be lower than 80% and not higher than 120% of the average share price from the last 6 months preceding the month of the Management Board's resolution regarding the purchase. The repurchase of shares will be financed from funds from the reserve capital allocated for the purpose. The repurchase program will be valid until December 31, 2020. On May 8. 2020, the company initiated a Market Repurchase. The purchase price per share shall not be lower than PLN 17.90 per share and not higher than PLN 26.80. The repurchases will commence on May 8, 2020 and will end on September 30, 2020.