Monnari launches buyback program

WSE-listed fashion retailer Monnari will run a buyback program for up to 20 percent of its shares at a price no higher than PLN 22 per share and not lower than PLN 0.1, the company said in a market filing. The program could last for up to 5 years, the company said. At the end of the trading day on Thursday, Monnari shares were worth PLN 8.8 apiece.