Nippon Antenna Co., Ltd. (JASDAQ:6930) announces a share repurchase program. Under the program, the company will repurchase up to 2,500,000 shares, representing 19.99% of its outstanding shares, at a price of ¥805 per share for 2,012.5 million. The company will repurchase its shares in order to implement a flexible capital policy which responds to changes in the business environment, improve capital efficiency, and advance shareholder returns. As of August 27, 2018, the company had 12,507,350 shares outstanding (excluding treasury shares) and 1,792,650 shares in treasury.