Foresight Solar VCT (LSE: FTSV) commences share repurchases on February 12, 2021, under the program mandated by the shareholders in the Annual General Meeting held on September 24, 2020. As per the mandate, the company is authorized to repurchase up to 5,315,598 Ordinary Shares, representing 14.99% of its issued and outstanding share capital. The minimum price which may be paid for each ordinary share will not be less than 0.01 pence and the maximum price will be higher of, either 105% of the average middle market quotations for the ordinary shares taken from the Daily Official List of the London Stock Exchange for the five business days immediately before the date of purchase, or the higher of the price of the last independent trade and the highest current independent bid on the trading venues where the purchase is carried out. This program will expire on the conclusion of the next Annual General Meeting in 2022., unless such authority is renewed prior to such time.