Veris Limited (ASX:VRS) announces a share repurchase program. Under the program, the company will repurchase up to 50,945,767 shares, representing 10% of its issued share capital. The price paid for shares purchased by company under the buy-back will be no more than 5% above the volume weighted average market price for shares traded over the 5 days prior to the day on which the purchase under the buy-back is made.

The program will expire on July 4, 2025. As of June 20, 2024, the company has 509,457,672 shares in issue.