TTK Banka AD Skopje expects to initiate a share repurchase program. Under the program, the company will repurchase up to 29,171 shares, representing 3.21% of the issued share capital for a total price of maximum MKD 17.5 million. The shares will be repurchased at a price between MKD 600 and MKD 1,000 per share.

The program is subjected to shareholder approval at its shareholders meeting to be held on July 31, 2013. This program will be valid for one year.