AVA Risk Group Limited (ASX:AVA) announces a share repurchase program. Under the program, the company will repurchase up to 12,402,844 shares, representing 5.88% of its issued share capital. The shares will be repurchased for capital management purposes. The program will expire on August 9, 2019. As of July 17, 2018, the company has 211,094,439 shares in issue.