BAVARIA Industries Group AG commences an Equity Buyback for 506,054 shares, representing 10% of its issued share capital, under the authorization approved on June 22, 2018.

BAVARIA Industries Group AG (XTRA:B8A) commences share repurchases on June 22, 2018, under the program mandated by the shareholders in the Annual General Meeting held on June 22, 2018. As per the mandate, the company is authorized to repurchase up to 506,054 shares, representing 10% of its issued share capital. The repurchases will commence from June 22, 2018 and it is valid till June 21, 2023.