diff -r 95badf936353 Lib/test/test_itertools.py
--- a/Lib/test/test_itertools.py	Wed Oct 02 22:31:47 2013 +1000
+++ b/Lib/test/test_itertools.py	Wed Oct 02 23:17:24 2013 +0800
@@ -965,6 +965,11 @@
         self.assertEqual(take(2, copy.deepcopy(c)), list('a' * 2))
         self.pickletest(repeat(object='a', times=10))
 
+    def test_repeat_with_negative_times(self):
+        self.assertEqual(repr(repeat('a', -1)), "repeat('a', 0)")
+        self.assertEqual(repr(repeat('a', times=-1)), "repeat('a', 0)")
+        self.assertEqual(repr(repeat('a', times=-2)), "repeat('a', 0)")
+
     def test_map(self):
         self.assertEqual(list(map(operator.pow, range(3), range(1,7))),
                          [0**1, 1**2, 2**3])
diff -r 95badf936353 Modules/itertoolsmodule.c
--- a/Modules/itertoolsmodule.c	Wed Oct 02 22:31:47 2013 +1000
+++ b/Modules/itertoolsmodule.c	Wed Oct 02 23:17:24 2013 +0800
@@ -4041,12 +4041,15 @@
     PyObject *element;
     Py_ssize_t cnt = -1;
     static char *kwargs[] = {"object", "times", NULL};
+    int n_kwds = 0;
 
     if (!PyArg_ParseTupleAndKeywords(args, kwds, "O|n:repeat", kwargs,
                                      &element, &cnt))
         return NULL;
 
-    if (PyTuple_Size(args) == 2 && cnt < 0)
+    if (kwds != NULL)
+        n_kwds = Py_SAFE_DOWNCAST(PyDict_Size(kwds), Py_ssize_t, int);
+    if (PyTuple_Size(args) + n_kwds == 2 && cnt < 0)
         cnt = 0;
 
     ro = (repeatobject *)type->tp_alloc(type, 0);