Galata Investment Company AD (BUL:GTH) announces a share repurchase program. Under the program, the company will repurchase up to 685,712 shares, representing 1% of its share capital at a minimum price of BGN 1.30 per share and a maximum price of BGN 2.20 per share. If the company cannot buyback the maximum number of shares within the buyback period, the Board of Directors may extend the term of the procedure at its own discretion until the planned amount of shares is bought back. The repurchases will be conducted through an investment intermediary. The program will expire on October 20, 2017.