CareerIndex Inc. (TSE:6538) announces a share repurchase program. Under the program, the company will repurchase 400,000 shares, representing 1.91% of the outstanding shares, at ¥525 per share for ¥210 million. Shares will be repurchased from Representative Director and President Hirotaka Itakura. The purpose of the program is to improve shareholder value, enhance capital efficiency and implement a flexible capital policy in response to changes in the business environment. As of July 31, 2019, the company had 20,960,369 shares outstanding and 6,031 shares in treasury.