Yellow Brick Road Holdings Limited (ASX:YBR) announces a share repurchase program. Under the program, the company will repurchase up to 20,000,000 shares, representing 6.13% of its issued share capital for AUD 1 million. The purpose of program is to provide liquidity on stock exchange who wish to exit the company?s share register due to delisting.

The buy-back will be funded out of operating cash flows and cash on deposit. All shares purchased pursuant to the buy-back will be cancelled. The program will continue for a period of 12 months, until October 22, 2024 or no later than the earlier of the day shares are suspended from trading on ASX prior to a delisting.

As of October 9, 2023, the company has 326,381,450 shares in issue.