Marudai Food Co., Ltd. (TSE:2288) announces an share repurchase program. Under the program the company will repurchase 23,800 shares, representing 0.09% of the outstanding shares, at ¥1,851 per share for ¥44.05 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment. As of June 30, 2020, the company had 25,424,309 shares outstanding and 1,080,272 shares in treasury.