Paris Miki Holdings Inc. (TSE:7455) announces a share repurchase program. Under the program, the company will repurchase 750,000 shares, representing 1.46% of the outstanding shares for ¥300 million. Shares will be repurchased by market repurchase in the Tokyo Stock Exchange. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment. The program will run until June 30, 2017. As of January 31, 2017, the company had 51,482,929 shares outstanding and 4,574,545 shares in treasury.