Thorney Technologies Ltd (ASX:TEK) announces a share repurchase program. Under the program, the company will repurchase up to 42,504,110 shares, representing 10% of issued share capital, for $9.5 million. All shares repurchased will be cancelled.

The plan will be valid till February 26, 2024. As of February 10, 2023, the company had 425,041,104 shares issued.