K&O Energy Group Inc (TSE:1663) announces a share repurchase program. Under the program, the company will repurchase 300,000 shares, representing 1.09% of the outstanding shares, at ¥1,863 per share for ¥558.9 million. The purpose of the program is to enable the implementation of a flexible capital policy in response to changes in the business environment. As of April 30, 2018, the company had 27,402,275 shares outstanding and 2,933,786 shares in treasury.