Evans & Partners Asia Fund (ASX:EAF) announces a share repurchase program. Under the program, the company will repurchase up to 27,594,057 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 November 18, 2019. The plan will commence on November 19, 2019 and will be valid up to November 17, 2020, unless terminated earlier by the fund. As on October 25, 2019 the company had 111,796,951 shares in issue. On November 18, 2019, the shareholders of the company approved the share repurchase program at its General Meeting. Evans & Partners Pty Limited acted as broker to the company.