Medical Ikkou Group Co.,Ltd. (JASDAQ:3353) announces an share repurchase program. Under the program the company will repurchase 40,000 shares, representing 2.1% of the outstanding shares, at ¥8,800 per share for ¥352 million. The purpose of the program is to improve capital efficiency and shareholder returns. As of May 31, 2020, the company had 1,906,183 shares outstanding and 128,817 shares in treasury.