Marudai Food Co., Ltd. (TSE:2288) announces a share repurchase program. Under the program, the company will repurchase 11,600 shares, representing 0.05% of the outstanding shares, at ¥2,062 shares per share for ¥23.92 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment as part of the capital policy. As of June 30, 2019, the company had 25,434,927 shares outstanding and 1,070,654 shares in treasury.