Hibino Corporation (JASDAQ:2469) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 0.5% of its share capital, for ¥100 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 shareholder returns and capital efficiency. The share repurchase program will run until June 21, 2018. As of December 31, 2017, the company had 10,009,660 shares outstanding (excluding treasury shares) and 255,820 shares in treasury.