Honda Tsushin Kogyo Co., Ltd. (TSE:6826) announces a share repurchase program. Under the program, the company will repurchase 150,000 shares, representing 1.24% of the outstanding shares for ¥150 million. Shares will be repurchased by market purchase in the Tokyo Stock Exchange. The purpose of the program is to improve shareholder returns conforming to the shareholder return policy. The program will run until October 31, 2017. As of March 31, 2017, the company had 12,051,036 shares outstanding and 452,064 shares in treasury.