Evans & Partners Asia Fund (ASX:EAF) announces a share repurchase program. Under the program, the company will repurchase up to 21,120,504 shares, representing 25% of its issued share capital. The purpose of the buyback is capital management. The program is subject to shareholder approval which will be obtained in the Annual General Meeting to be held on December 2, 2020. The plan will commence on December 3, 2020 and will be valid up to December 2, 2021, unless terminated earlier by the fund. As on October 29, 2020, the company has 84,482,019 shares in issue. On December 2, 2020, the shareholders of the company approved the share repurchase program at its General Meeting. Evans & Partners Pty Limited acted as broker to the company.