Murchison Holdings Ltd (ASX:MCH) announces a share repurchase program. Under the program, the company will repurchase up to 1,782,841 shares, representing 10% of the issued share capital. The shares will be repurchased on market.

The company is buying back to enhance shareholders value, tidy up odd-lot share holdings, and enable shareholders to sell their respective shareholdings. The share repurchase program is valid for 12 months. As of December 10, 2015, the company has 17,828,412 shares issued and outstanding.