Almagro Capital SOCIMI, S.A. (BME:YAC1) commences share repurchases on February 9, 2022, under the program mandated by the shareholders in the Shareholder's Meeting held on November 18, 2018. As per the mandate, the company is authorized to repurchase its own shares.

On February 8, 2022, the company announced a share repurchase program. Under the program, the company will repurchase 500,000 shares, which represent 0.64% of the current share capital of the company, for €0.5 million. The purpose of the treasury share repurchase program will be delivery to company directors and will allow the company to meet the obligations to deliver the company's shares derived from the asset management contract with the entity. The repurchase program will begin on February 9, 2022, and will remain in force until June 30, 2022.