Michael Hill International Limited (ASX:MHJ) announces a share repurchase program. Under the program, the company will repurchase up to 19,414,267 shares, representing 5% of its issued share capital. The purchases will be funded from existing cash reserves.

The program will run until August 25, 2023. As of August 26, 2022, the company had 388,285,374 shares in issue.