Stellar Capital Partners Limited (JSE:SCP) commences share repurchases on May 6, 2019, under the program mandated by the shareholders in the Annual General Meeting held on November 27, 2018. As per the mandate, the company will repurchase up to 215,006,351 shares, representing 20% of its issued share capital. The shares will not be repurchased at a price greater than 10% above the weighted average price of the market value of the shares as determined over the five business days immediately preceding the date on which the repurchase is made. Unless varied or revoked, the authority shall expire at the conclusion of the next Annual General Meeting or 15 months whichever is earlier. As at November 27, 2018, the company had 1,075,031,756 shares in issue.