A.D.O. Group Ltd. (TASE:ADO) announces a share repurchase program. Under the program, the company will repurchase up to 4,030,496 common shares, representing 11.47% of its issued share capital, at a price of ILS 44 per share for a total of ILS 177.3 million. Repurchases will be funded from the company's own resources.

The share repurchase program is valid until January 19, 2016.