Straker Limited (ASX:STG) announces a share repurchase program. Under the program, the company will repurchase up to 3,500,000 shares, representing 5.16% of its issued capital. The Buy Back will be funded from Straker?s existing cash reserves.

The repurchased shares will be cancelled upon acquisition. The program will run until November 28, 2024. As of September 19, 2023, the company had 67,839,299 shares in issue.