Tekla Life Sciences Investors (NYSE:HQL) announces a share repurchase program. Under the program, the company will repurchase up to 12% of its outstanding shares. The purpose of the program is to enhance shareholder value and potentially reduce the discount between the market price of the fund's shares and the net asset value per share as well as to increase the fund's net asset value per share and could also have the benefit of providing additional liquidity in the trading of shares. The program will expire on July 14, 2024.

Tekla Capital Management LLC acted as the Investment Adviser to the fund.