IJT Technology Holdings Co., Ltd. (TSE:7315) announces a share repurchase program. Under the plan, the company will repurchase up to 394,106 shares, representing 0.80% of its total outstanding shares (treasury shares excluded) for ¥200 million. The repurchases will be made through negotiated transaction.

The company will repurchase 212,920 shares from I Metal Technology Co., Ltd., 70,386 shares from Jidosha Buhin Kogyo Co., Ltd. and 110,800 shares from TDF Corporation. The shares will be repurchased in order to promote a flexible capital policy. The repurchase program is valid till August 18, 2015.

As of July 31, 2015, the company has 49,152,689 outstanding shares (treasury shares excluded) and 1,593 shares were held under treasury.