Magellan Global Trust announces a share repurchase program. Under the program, the company will repurchase up to 101,009,956 units, representing 10% of its issued share capital. The repurchases will be funded by Trust property and borrowings under a debt facility. The program is a part of capital management. The program will commence on October 18, 2017 and will expire on October 17, 2018. As of October 17, 2017, the company has 1,010,099,562 shares in issue.