DMW Corporation (TSE:6365) announces a share repurchase program. Under the program, the company will repurchase up to 90,000 shares, representing 2.04% of its share capital, at ¥2,284 per share for ¥205.56 million. The company will repurchase its shares in order to improve capital efficiency and enable the implementation of a flexible capital policy which responds to changes in the business environment. As of July 31, 2018, the company had 4,404,604 shares outstanding (excluding treasury shares) and 372,296 shares in treasury.