The company notes that the maximum of 200,000 shares will be bought back.

Purcari Wineries published a document stating that the company is beginning a share buyback program which started on 13 June 2019.

The buyback of the shares will be performed according to current legislation and within the limits established by AGM Decision dated 25 April 2019, which provides for the purchase of a maximum number of 200,000 shares.

The buyback program should be done within the 24 month period.

To read our blog on share buybacks click here.