Astoria Investments Ltd (MUSE:ATIL.N0000) announces a share repurchase program. Under the program, the company will repurchase up to 6,327,000 shares, representing 4.99% of its issued share capital. The shares will be repurchased at a price between ZAR 0.01 per share and ZAR 11.66 per share on the Johannesburg Stock Exchange and Mauritian Rupee Equivalent price range on the Stock Exchange of Mauritius. Shares repurchased will be cancelled. The repurchase program is subject to approval of shareholders. The company may terminate the buyback at any time irrespective of whether any or all of the buyback shares have been repurchased. The purpose of the program is to enhance shareholder value and efficient use of the company's cash. The program will expire on November 3, 2017.