Viva Leisure Limited (ASX:VVA) announces a share repurchase program. Under the program, the company will repurchase up to 9,028,605 ordinary shares, representing 10% of its issued share capital. The purpose of the program is to satisfy the requirements of its capital management framework.

The share buy back price will be no more than 5% above the volume weighted price of the Company's shares over the 5 trading days prior to the purchase. The program is valid until June 7, 2024. As of May 26, 2023, the company had 90,286,053 shares issued and outstanding.