Villa World Limited (ASX:VLW) announces a share repurchase program. Under the program, the company will repurchase up to 6,346,313 shares, representing 5% of the issued share capital. The purpose of this program is to manage the capital of the company. The repurchases will be made from company’s existing debt facilities. The repurchase program is valid for 12 months. As of September 19, 2018, the company has 126,926,266 shares in issue.