Tech Achievers Growth &Income Fund (TSX:HTA.UN) announces a share repurchase program. Under the program, the company will repurchase up to 550,000 shares, representing 10% of the public float and outstanding shares. The repurchased shares will be cancelled.

These purchases will be made in accordance with applicable regulations, and will be effected through the facilities of TSX and/or other Canadian marketplaces, including alternative trading systems. The purpose of the normal course issuer bid is to provide the fund with a mechanism to decrease the potential spread between the net asset value per unit and the market price of the Trust Units and to provide enhanced liquidity for the Trust Units. The fund will not purchase in any given 30 day period, in the aggregate more than 110,000, being 2% of the issued and outstanding trust units. The company also received regulatory approval from the Toronto Stock Exchange.

The repurchase will commence on June 29, 2015 and ending on the earlier of June 28, 2016 or on such date as the fund completes its purchase under the normal course issuer bid or on such date as the Fund may otherwise determine. As of June 24, 2015, the fund has 5,500,000 trust units issued and outstanding.