Orbit Exports Limited (BSE:512626) announces a share repurchase program. Under the program, the company will repurchase up to 444,444 shares, representing 1.55% of the outstanding shares, at a price of INR 180 per share for INR 79.99 million. The program will be funded out of the balances in free reserves, current surplus and/or cash and cash equivalents and/or internal accruals and/or liquid resources and/or such other permissible sources of funds of the company, as per the Act and the buyback regulations. The purpose of the program is to return surplus funds to the equity shareholders of the company, improve financial ratios like earnings per share, return on assets and return on equity calculated on the basis of financial statements, by reducing the equity base of the company. The record date for the program is January 19, 2018. As on December 29, 2017, the company had 28,702,300 shares outstanding.