Clasquin SA (ENXTPA:ALCLA) commences share repurchases on April 26, 2021, under the program mandated by the shareholders in the Annual General Meeting held on June 10, 2020. As per the mandate, the company is authorized to repurchase up to 230,640 shares, representing 10% of its share capital for 13.84 million. The shares will be repurchased at the maximum purchase price of 60 per share. The program will be financed either from equity or via short- to mid-term external financing. The shares will be repurchased for the exclusive purposes of transactions carried out by an investment service provider as part of a liquidity contract, overage of stock option or bonus share allocation schemes, coverage of other forms of share allocation to Group employees and/or corporate officers under conditions and according to procedures specified by the law, retention and subsequent exchange or payment as part of transactions such as acquisitions, mergers, demergers or contributions, coverage of debt securities convertible to shares and cancelling purchased shares. The authorization shall be valid for a period of 18 months, until December 9, 2021.