Charle Co., Ltd. (TSE:9885) announces a share repurchase program. Under the program, the company will repurchase 250,000 shares, representing 1.55% of the outstanding shares, at ¥526 per share for ¥131.5 million. The purpose of the program is to enhance capital efficiency and to enable the implementation of a flexible capital policy in response to changes in the business environment. As of November 30, 2017, the company had 16,086,149 shares outstanding and 101 shares in treasury.