Asset Resolution Limited commences an Equity Buyback Plan for 646,655 shares, representing 20% of its issued share capital, under the authorization approved on October 23, 2019.

Asset Resolution Limited (NSX:ASS) commences share repurchases on October 23, 2019, under the program mandated by the shareholders in the Annual General Meeting held on October 23, 2019. As per the mandate, the company is authorized to repurchase up to 646,655 shares, representing 20% of its shares in issue. The repurchased shares will be cancelled. The repurchases will be funded from the company’s existing cash reserves. The share repurchase program is valid till October 22, 2020.