ZPUE S.A. (WSE:PUE) commences share repurchases on October 12, 2022, under the program mandated by the shareholders in the Extraordinary General Meeting held on June 30, 2022. As per the mandate, the company is authorized to repurchase up to PLN 100 million worth of its shares. The program will be funded from the company's reserve capital. The repurchased shares will be used for the purpose of voluntary redemption through reduction in the share capital of the company. The authority shall expire at the earliest of the June 30, 2023, or when the maximum purchase limit under the program has been reached, or when the company resigns from acquiring shares in whole or in part.

On September 27, 2022, the company announced an increase in its equity buyback plan. The company increased its authorization by PLN 105 million, thereby bringing its total authorization to PLN 205 million.