Crops Corporation (TSE:9428) announces a share repurchase program. Under the program, the company will repurchase 600,000 shares, representing 6.25% of the outstanding shares for ¥300 million. 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 October 31, 2020. As of March 31, 2020, the company had 9,596,915 shares outstanding and 485 shares in treasury.