Corfacts Inc. (OTCPK:CFCC) announces a share repurchase program. Under the program, the company will repurchase its own shares. Shares may be purchased in open-market transactions, or in privately negotiated transactions.

Share repurchases will be funded using the company's cash reserves. The goal of the program will be to increase the per-share equity of the remaining shareholders. Purchases may be made at the discretion of management, with the timing dependent on prevailing market conditions.

There is no fixed termination date for this repurchase program.