PBT Group Limited (JSE:PBG) announces a repurchase program. Under the program, the company will repurchase up to 5,384,254 shares, representing 4.99% of its issued capital. The share will be repurchased at a price of 215 cents per share. Excess tenders will be satisfied on a pro rata basis, in proportion to all amounts tendered in excess of the basic entitlement subject to the tender offer limit. The offer will expire on March 20, 2020.