Energoaparatura SA (WSE:ENP) commences share repurchases on July 17, 2017 under the program mandated by the shareholders in the Annual General Meeting held on June 21, 2016. As per the mandate, the company is authorized to repurchase up to 2,000,000 shares for PLN 2 million. The price at which the shares will be acquired cannot be higher than the price of the last independent trading and the highest current independent offer in transactions concluded at stock exchange sessions on the regulated market of the Warsaw Stock Exchange. The program will be sourced from own funds of the company. The program will continue until December 31, 2021, but no longer than the exhaustion of funds intended for their purchase. On July 13, 2017, the company initiated a share repurchase program.