Spur Corporation Limited (JSE:SUR) announces a share repurchase program. Under the program, the company will repurchase up to 6,635,901 shares, representing 6.12% of its issued share capital, for a total of ZAR 145.39 million from Share Buy Back (Pty) Ltd. The shares will be repurchased for a price of ZAR 21.91 per share. The program will be funded from the company’s existing cash resources. The repurchased shares will be cancelled and delisted. The program is subject to approval from the shareholders which may be obtained in the General Meeting.