Middlefield Healthcare & Wellness Dividend Fund announces a share repurchase program. Under the program, the company will repurchase up to 1,137,000 units, representing 10% of the public float and 9.89% of the units outstanding. Repurchases will be made in the open market through the facilities of the TSX. The fund will cancel all units purchased pursuant to the bid. Subject to receiving all necessary regulatory approvals, the fund may, in lieu of cancelling units acquired, hold the units in treasury for resale. The company has filed a notice with the Toronto Stock Exchange and received its approval to make a normal course issuer bid. The fund may not, in any 30-day period, purchase more than 230,000 units, being 2% of the units issued and outstanding. In accordance with the declaration of trust by which the fund is governed, market purchases pursuant to its normal course issuer bid may be effected by the fund. The normal course issuer bid will commence on Nov. 7, 2016, and will terminate on Nov. 6, 2017. As of October 25, 2016, the fund had 11,500,000 units issued and outstanding.