Chuo Malleable Iron Co., Ltd. (NSE:5607) announces a share repurchase program. Under the program, the company will repurchase up to 80,000 shares, representing 0.53% of its share capital, for ¥40 million. The company will repurchase its shares in order to enable the implementation of a flexible capital policy in response to changes in the business environment. The share repurchase program will run until September 6, 2019. As of July 31, 2019, the company had 15,219,488 shares outstanding (excluding treasury shares) and 800,812 shares in treasury.