CMC Corporation (JASDAQ:2185) announces a share repurchase program. Under the program, the company will repurchase up to 60,000 shares, representing 2.53% of its share capital, for ¥500 million. The company will repurchase its shares in order to implement a flexible capital policy which responds to changes in the business environment, along with aiming to improve capital efficiency. The share repurchase program will run until February 16, 2018. As of February 9, 2018, the company had 2,369,857 shares outstanding (excluding treasury shares) and 24,143 shares in treasury.