Triple-S Management Corporation (NYSE: GTS) today announced that its Board of Directors has authorized a $30 million share repurchase program, which will commence immediately. It will be conducted, using available cash, through open-market purchases and privately-negotiated transactions of Class B shares only, in accordance with Rules 10b-18 and 10b5-1 under the Securities Exchange Act of 1934, as amended. The program is designed to maximize the EPS benefit of the repurchases. The timing and extent of any purchases under the program will depend on market conditions, the trading price of our shares and other considerations, and the program may be suspended or terminated at any time.