Iwasaki Electric Co., Ltd. (TSE:6924) announces a share repurchase program. Under the program, the company will repurchase 75,000 shares, representing 0.97% of its share capital, for ¥100 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment. The program will run until December 31, 2020. As of February 29, 2020, the company had 7,737,715 shares outstanding (excluding treasury shares) and 84,235 shares in treasury.