Touch Ventures Limited (ASX:TVL) announces a share repurchase program. Under the program, the company will repurchase up to 46,336,986 shares, representing 6.5% of its issued share capital. The program has been implemented as a prudent capital management strategy.

The company proposes to fund the buyback from existing cash reserves. The program is valid until June 2, 2023. As of May 20, 2022, the company had 713,369,868 shares issued and outstanding.