Hachi-Ban Co., Ltd. (JASDAQ:9950) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 1.9% of its outstanding shares excluding treasury shares. The shares will be repurchased at a price of ¥588 per share for ¥174.6 million.

The repurchases will be made through off-auction own share repurchase trading method on the Tokyo Stock Exchange (ToSTNeT-3). The purpose of the program is to enable a flexible capital policy which responds to the changes in the business environment.