Goo Chemical Co.,Ltd.(TSE:4962) announces a share repurchase program. Under the program, the company will repurchase up to 130,000 shares, representing 1.96% of its issued share capital. The shares will be purchased at a price of ¥1,351 per share, the closing price of August 10, for a total of ¥175.63 million.

The shares will be repurchased in order to implement a flexible capital policy. As of August 10, 2015, the company has 6,630,485 outstanding shares and 361,515 shares were held under treasury.