Koatsu Kogyo Co., Ltd. (TSE:1743) announces a share repurchase program. Under the program, the company will repurchase up to 26 shares, at ¥63,102 per share for ¥1.64 million in total. The company is repurchasing its shares following a reverse share-split (consolidation of 10 shares to 1 share) with April 1, 2017 as the effective date, based on the resolution of the 58th ordinary general meeting of shareholders last December 21, 2016.