diff -r 7b8ff3fd11d3 -r cd79fb4d75fd mercurial/hg.py
--- a/mercurial/hg.py	Wed Dec 17 13:25:24 2014 -0600
+++ b/mercurial/hg.py	Sat Dec 13 11:32:46 2014 -0800
@@ -158,7 +158,7 @@
         return ''
     return os.path.basename(os.path.normpath(path))
 
-def share(ui, source, dest=None, update=True):
+def share(ui, source, dest=None, update=True, bookmarks=True):
     '''create a shared repository'''
 
     if not islocal(source):
@@ -225,6 +225,9 @@
                 continue
         _update(r, uprev)
 
+    if bookmarks:
+        r.opener('bookmarks.shared', 'w').close()
+
 def copystore(ui, srcrepo, destpath):
     '''copy files from store of srcrepo in destpath