Isolite Insulating Products Co., Ltd. (TSE:5358) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 0.85% of its share capital, for ¥130 million. The company will repurchase its shares in order to enable the implementation of a flexible capital policy in response to changes in the business environment. The program will run until May 29, 2020. As of December 31, 2019, the company had 23,551,060 shares outstanding (excluding treasury shares) and 55,513 shares in treasury.