Acorn Capital Investment Fund Limited (ASX:ACQ) announces a share repurchase program. Under the program, the company will repurchase up to 5,082,000 shares, representing 10% of its share capital. The shares will be repurchased on market. The purpose of buyback is on-going capital management. No shareholders' approval is required in order to commence the program. The repurchase will commence on September 24, 2015 and will be valid till September 23, 2016 or earlier if the maximum number of shares is bought back prior to that date. The company reserves the right to suspend or terminate the buyback at any time. As of September 9, 2015, the company has 50,820,001 shares in issue.

Morgans Financial Limited acted as the broker.