Muro Corporation (JASDAQ:7264) announces a share repurchase program. Under the program, the company will repurchase 150,000 shares, representing 2.42% of the outstanding shares, at ¥1,477 per share for ¥221.55 million. The purpose of the program is to enhance capital efficiency and to implement a flexible capital policy in response to changes in the business environment. As of April 30, 2019, the company had 6,186,166 shares outstanding and 360,034 shares in treasury.