Stokvis Nord Afrique SA announces a share repurchase program. Under the program, the company will repurchase up to 459,758 shares, representing 5% of its issued share capital at a price of MAD 50 per share for a total of MAD 22.98 million. The share repurchase program will commence on September 17, 2013 and continue till 18 months from the date of commencement of the plan.

M.S.IN will be acted as a broker to the company.