Indequity Group Limited (JSE:IDQ) commences share repurchases on January 16, 2018, under the program mandated by the shareholders in the Annual General Meeting held on January 16, 2018. As per the mandate, the company is authorized to repurchase its own shares such that any acquisition may not exceed 20% of its issued share capital. The shares will not be repurchased at a price greater than 10% above the weighted average price of the market value of the shares as determined over the five business days immediately preceding the date on which the repurchase is made. The program shall expire at the conclusion of the next Annual General Meeting or 15 months whichever is earlier.