Motor Oil (Hellas) Corinth Refineries S.A. (ATSE:MOH) commences share repurchases on July 11, 2022, under the program mandated by the shareholders in the Annual General Meeting held on June 30, 2022. As per the mandate, the company is authorized to repurchase up to 7,000,000 shares. The shares will be repurchased at a minimum price of €8 per share and at a maximum price of €23 per share.

The repurchase authorization will be valid till May 24, 2024.