Impala Platinum Holdings Limited (JSE:IMP) announces a share repurchase program. Under the program, the company will repurchase its odd lot shares. The shares will be repurchased at a 10% premium to the 30-calendar day volume weighted average price of a share, as at October 26, 2020. The shares repurchased in terms of the odd-lot offer will be cancelled, delisted and reinstated as authorized but unissued shares. The offer will be sourced out of company's existing cash resources. The odd-lot offer will provide shareholders with the ability to dispose of their shareholding on an efficient basis and will provide liquidity. The company has fixed November 6, 2020 as the record date for the offer. The offer is subject to the shareholders approval at the General meeting to be held on October 14, 2020. The offer will expire on November 6, 2020.