European Focused Dividend Fund (TSX:EF.UN) announces a share repurchase program. Under the program, the company will repurchase up to 850,000 units, representing 10% of its outstanding units. All units acquired under repurchase program will be cancelled and held under treasury for resale. The company has received approval from Toronto Stock Exchange to make normal course issuer bid. The normal course issuer bid will commence on December 14, 2017 and will be valid till December 13, 2018. As on December 4, 2017, company has 8,500,000 units issued and outstanding.