Croma Security Solutions Group PLC (AIM:CSSG) announces a share repurchase program. Under the program, the company will repurchase up to 2,027,027 of its ordinary shares from its former director, Mark Whettingsteel. The shares will be repurchased in two tranches. Under tranche 1, the company will acquire 1,013,513 ordinary shares, at a price of 35 pence per share, for a total consideration of £0.35 million. The shares will be repurchased within three business days of the contract becoming unconditional. Under tranche 2, the company will acquire the balance of 1,013,514 ordinary shares at a price of 40 pence per share, for total consideration of £0.41 million. The shares will be repurchased on May 31, 2018 or earlier at the company's option. The consideration under both the tranches is payable in cash on completion of acquisition by the company. The purchase of each of tranche 1 and tranche 2 by the company is subject to it having sufficient distributable profits available at the time of each such purchase. The shares repurchased under both the tranches will be cancelled. The contract is subject to shareholder approval at the Annual General Meeting to be held on December 1, 2017.