John Bridgeman Limited (NSX:JBL) announces a share repurchase program. Under the program, the company will repurchase up to 1,756,330 ordinary shares, representing 7.18% of its issued share capital. The program will be funded by a combination of the company's existing cash balances and working capital facilities.

The shares will be repurchased for capital management purposes. The repurchase program is valid for a period of 12 months, until November 13, 2018. As of November 14, 2017, the company had 24,452,067 shares in issue.