Forager Australian Shares Fund (ASX:FOR) announces a share repurchase program. Under the program, the company will repurchase up to 11,384,383 shares, representing 9.99% of its issued share capital. The purpose of share repurchases is for capital management. The porgam is valid for 12 months from the commencement. As of March 24, 2020, the company has 113,843,839 shares are issued and outstanding. BTIG Australia Limited acted as broker to the company.