Profile Systems & Software A.E. (ATSE:PROF) commences share repurchases on February 28, 2018 under the program mandated by the shareholders in the Annual General Meeting held on June 16, 2016. As per the mandate, the company is authorized to repurchase up to 1,000,000 shares. The shares will be repurchased within the price range of €0.3 per share and €4 per share. The share repurchase program is valid for 24 months.