Hirose Electric Co.,Ltd. (TSE:6806) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 0.14% of its share capital, at ¥11,900 per share for ¥595 million. The company will repurchase its shares in order to enable the implementation a flexible capital policy in response to changes in the business environment, along with aiming to enhance shareholder returns and improve capital efficiency. As of February 19, 2019, the company had 36,512,812 shares outstanding (excluding treasury shares) and 2,000,340 shares in treasury.