Telematic Interactive Bulgaria EAD (BUL:TIB) announces a share repurchase program. Under the program, the company will repurchase up to 960,336 shares, representing 7.41% of its issued share capital, targeting up to 3% of its equity capital annually. The repurchase price will be more than BGN 20 per share and not less than BGN 15 per share.

The program is aimed at reducing the company's capital. The program is valid till 2026. As of March 13, 2024, the company 12,960,000 shares outstanding.